SG digital financing platform Validus cuts losses on higher revenue in 2023

SG digital financing platform Validus cuts losses on higher revenue in 2023

Validus Co-founders (from left) Vikas Nahata, Ajit Raikar, and Nikhilesh Goel

Validus Investment Holdings, the holding group of Singapore-based digital financing platform Validus Capital and its subsidiaries, reported lower losses in 2023 as revenue surged on the back of higher commission and interest income from SME loans, regulatory filings showed.

Edited by: Joymitra Rai