Tag: lending

SME lending platform Validus acquires Citi Singapore’s CitiBusiness loan portfolio  – TechCrunch

Validus, a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its growing loan book.  Nikhilesh Goel, co-founder and CEO of Validus, told TechCrunch that Validus expects to create synergies with the loan portfolio of CitiBusiness, Citi…


Finally takes in $95M in equity, debt to roll out lending for small businesses – TechCrunch

Felix Rodriguez’s family is from the Dominican Republic, and he watched his aunts and uncles come to the United States and create their own businesses. However, he noticed that not all small businesses were on a level playing field when it came to bookkeeping and working capital. In 2018, after a career as a network…