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Validus, TTC Group and Do Ventures form joint venture to expand access to credit for SMEs in Vietnam via digital marketplace lending platform
- The joint venture (“JV”) will leverage multiple synergies to deepen financial inclusion for Small and Medium Enterprises (“SMEs”), boost business financing and create lasting impact through partnerships, data and technology. - The JV supports Validus Vietnam’s growth ambitions and reinforces the commitment of all parties towards driving financial inclusion amongst SMEs in Vietnam. - Validus is Southeast Asia’s leading SME financing platform, having crossed the US$1 billion mark in loans disbursed and is expected to double the amount in the next 12 months.