SG: Vertex-backed Validus Capital sets up $15m SME fund, eyes regional expansion

Ajit Raikar, Co-Founder & CEO, Validus Capital

Singapore-based online financing platform Validus Capital has launched an S$20 million ($14.92 million) SME financing fund in partnership with asset and wealth manager Lighthouse Canton Group.

The fund, dubbed the LCV Trade Finance Fund, will eventually be scaled up to S$200 million ($149.19 million), said Validus Capital in a statement.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter