International debt finance provider Lendable has announced a US$10m debt investment in Validus, an SME lending platform with operations in Indonesia, Singapore, Thailand, and Vietnam. Validus utilises proprietary data and AI to provide financing solutions to the SME sector.
Lendable says, its investment in Validus aligns “with Lendable’s mission of supporting financial inclusion in emerging markets through innovative financial solutions and demonstrates its belief in Validus’ capabilities to address the financing gap faced by SMEs in the region.”
