Demand for venture debt will continue to pick up next year: InnoVen's Paul Ong

Demand for venture debt will continue to pick up next year: InnoVen's Paul Ong

Paul Ong, Partner, InnoVen Capital SEA. Photo courtesy of InnoVen Capital.

Venture debt penetration in SE Asia is expected to continue growing and become a more stable financing option in 2023, according to Paul Ong, a partner at a venture debt firm InnoVen Capital SEA.