Avendus Capital Advises Validus on Its USD 30 mn Series D Fundraise

Founded in 2015, Validus is a pioneer in the alternate lending ecosystem in ASEAN with a proven track record of nearly a decade, bringing best in class practices to support small and medium enterprises (SMEs) across the region. As the largest fintech supply chain financing player in Southeast Asia, with over USD 5 billion in loans disbursed-to date, Validus has built the first full stack vertically integrated lending ecosystem. This encompasses an anchor-led supply chain financing model, proprietary data driven credit analytics, and a marketplace framework for institutional participation along with sophisticated private credit structuring solutions.

The platform is trusted by regional and international banks, as well as major corporate anchor partners in Indonesia and Thailand, markets that collectively represent an immense USD 46 billion supply chain financing opportunity. In a landscape lacking established and credible fintech incumbents, Validus’ focused approach to SME financing and institutional capital has enabled it to scale ahead of its regional peers.

Validus’ differentiated model is underpinned by a robust ecosystem-driven supply chain financing model, proprietary credit underwriting algorithms backed by extensive alternative data sources, and unique end-use control mechanisms. Its highly experienced management team has made Validus the region’s most trusted partner for SME lending, where its Indonesia business has been profitable for the last three consecutive years.

The fresh funds will be used to scale up Validus’s business operations where it has projected to double its loan books over the next three years across Indonesia and Thailand as it continues to consolidate its marketleading positions in these two countries where the untapped addressable markets remain huge.