Validus, a Singapore-based entirely digital SME lending platform, secures $50M debt financing to help enterprises in Indonesia

Validus, a Singapore-based entirely digital lending platform for tiny and medium companies, has secured $50 million in debt financing from HSBC underneath the ASEAN Notify Fund scheme. Validus will use the proceeds to enhance the financial inclusion of micro, tiny and medium enterprises (MSMEs) in Indonesia, addressing the challenges they face in having access to financial resources…