The startup offers a business finance platform that utilizes a peer-to-peer lending model to connect small and medium enterprises in Singapore with accredited investors. By employing a proprietary algorithmic assessment, the platform facilitates secured short-term and medium-term credit financing, enhancing productivity and reducing financial intermediation costs for businesses.
Funding
$137.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
HBFounders
Product
Problem
Small and medium-sized enterprises (SMEs) in Singapore often face challenges in accessing timely and affordable working capital to fuel their growth. Traditional financing options can be slow, cumbersome, and require significant collateral, hindering SMEs' ability to seize opportunities and manage cash flow effectively. This lack of access to efficient financing can limit productivity and increase financial intermediation costs for these businesses.
Solution
Validus offers a business finance platform that connects SMEs with accredited investors through a peer-to-peer lending model, providing faster and more accessible working capital solutions. The platform employs a proprietary algorithmic assessment to evaluate credit risk and facilitate secured short-term and medium-term financing. Validus provides a comprehensive one-stop financing platform for all business needs – from faster working capital loans, to business accounts, corporate debit cards with unlimited 1% cashback on all card spend, forex international money transfers at zero FX fees, free local money transfers, expense management solutions, and more. This streamlined approach reduces the need for collateral and minimizes documentation requirements, enabling SMEs to obtain financing in as little as one day. By offering a range of financing options, including working capital loans, invoice financing, and purchase order financing, Validus empowers SMEs to manage their finances more effectively and achieve sustainable growth.
Target Audience
Validus primarily serves small and medium-sized enterprises (SMEs) in Singapore across various industries, including construction, manufacturing, wholesale and retail trade, professional services, food and beverage, transportation and storage, and startups, as well as accredited investors seeking high-yield returns.
Features
- Digital loan application process with minimal documentation requirements
- Proprietary credit risk algorithm for faster loan approvals
- Working capital loans up to $300,000 with repayment terms tailored to business needs
- Invoice financing solutions up to $1 million, enabling early payments on customer invoices
- Purchase order financing up to $500,000 to cover project costs and supplies
- Business accounts with corporate debit cards offering unlimited 1% cashback
- Forex international money transfers at zero FX fees
- Free local money transfers
- Expense management solutions