Validus secures new funding to accelerate SME financing in Vietnam

Access to financing is a pivotal growth factor for small and medium enterprises (SMEs) in Southeast Asia. Many Southeast Asian SMEs struggle to secure loans due to high collateral demands and complicated application procedures.

• Validus' Innovative Approach: Validus, based in Singapore, harnesses the power of data analytics and AI, and bolsters it with strong supply-chain alliances.

• Strategic Expansion: Entering Vietnam in 2019, Validus recently welcomed a new investment from Japan's Reazon Holdings to accelerate its growth. The investment specifics remain confidential.

• Key Investor Appeal: Reazon Holdings was drawn to Validus Vietnam for its "high market potential" and plans to provide vigorous support through its extensive financing network.

• Financial Milestones: In December 2023, Validus secured a substantial $20M investment from 01Fintech. Since its inception in 2015, Validus has gathered around $90M in total financing and the company posted a $10.1M revenue and a pre-tax loss of $13.4M for the year 2022.

Apart from Vietnam, Validus operates in Singapore, Indonesia, and Thailand, showcasing significant regional presence and influence.