Validus nets $30m series D led by Khazanah Nasional

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Validus has raised US$30 million in a series D round led by Malaysia’s Khazanah Nasional.

The Singapore-founded fintech operates digital supply chain financing platforms in Indonesia and Thailand.

Validus sold its Singapore unit to Grab-owned GXS Bank in April 2025.

The company said the new funds will be used to expand operations in Indonesia and Thailand.

Avendus Capital acted as the exclusive financial advisor to Validus on this transaction.

Founded in 2015, Validus has disbursed over US$5 billion in loans to small and medium enterprises in Southeast Asia.

🔗 Source: Validus

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