Singapore's Validus Capital raises $15.2m in Series B funding led by Dutch bank FMO

From L to R: Arno de Vette, Senior Investment Officer, FMO; Vikas Nahata, Co-founder and executive chairman, Validus Capital; Ajit Raikar, co-founder and CEO, Validus Capital; and Liu Genping, Partner, Vertex Ventures

Singapore-based P2P lending platform Validus Capital has secured $15.2 million (S$20.5 million) in a Series B funding led by FMO, a development bank from the Netherlands.

Other investors in this round include Taiwan’s Cathay Financial Holdings, Singapore’s Openspace Ventures (previously NSI Ventures), Temasek’s investment arm Vertex Ventures, Thailand’s AddVentures by SCG and Vietnam’s VinaCapital Ventures.

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