Validus Series C-1 funding round

Validus raised Series C-1 led by NongHyup Financial Group, NorinChukin Bank, Aizawa Asset Management, Lotte F&L Singapore, Vertex SEA & India, Vertex Growth Fund, FMO, VinaCapital Ventures on December 16, 2022.

Primary

Validus

Counterparty

NongHyup Financial Group, NorinChukin Bank, Aizawa Asset Management, Lotte F&L Singapore, Vertex SEA & India, Vertex Growth Fund, FMO, VinaCapital Ventures

Structure

Series C-1

Date

December 16, 2022

Sub-sector

Lending Tech (SMB)

Southeast Asian SME financing platform raises capital for product development and neobank launch as it approaches profitability.

Primary company

Validus

Counterparty

NongHyup Financial Group, NorinChukin Bank, Aizawa Asset Management, Lotte F&L Singapore, Vertex SEA & India, Vertex Growth Fund, FMO, VinaCapital Ventures

Amount

Not disclosed

Event date

December 16, 2022

Sub-sector

Lending Tech (SMB)

HQ

Not disclosed

Structure

Series C-1

Source published

December 16, 2022

Publisher

Fintech News Singapore

Source: fintechnews.sg