Reazon Holdings is delighted to announce that we have successfully closed an investment in VGrowth Development Co. Ltd. ("Validus Vietnam"), which is the Vietnamese subsidiary of Validus Investment Holdings Pte. Ltd. ("Validus Group").
Validus Group is the leading all-in-one financing platform for SMEs in the SEA region, with operations across Indonesia, Singapore, Thailand, and Vietnam.
Traditionally, SMEs in the SEA region remain underserved as they face high hurdles in obtaining financing solutions from traditional financial institutions due to strict collateral requirements and complex screening processes, etc.
Validus Group leverages data analytics, AI technology, and strategic supply-chain partnerships to provide a one-stop financial solution for underserved SMEs, promoting financial inclusion and prosperity for these growing businesses in the SEA region.
Validus Vietnam is the Vietnam arm of Validus Group, and is responsible for the growth and development of the Vietnam SME platform business.
Reazon Holdings has decided to invest in Validus Vietnam based on our high evaluation of the market potential for SME finance in Vietnam and Validus Vietnam's future potential, backed by its operations and lending track records in other SEA countries.
Through this investment, Reazon Holdings will actively support Validus Vietnam's business growth, including supports for financing procurement through our group network.
■ About Validus Group
Name
Validus Investment Holdings Pte. Ltd.
Business
SME financing platform in the SEA region
Foundation
July 2015
Headquarters
Singapore
Representative
Vikas Nahata (Co-Founder and Executive Chairman)
Nikhilesh Goel (Co-Founder and Group CEO)
■ About Validus Vietnam
Name
VGrowth Development Holding Joint Stock Company
Business
SME financing platform in Vietnam
Foundation
April 2019
Headquarters
Vietnam
Representative
Dinh Van Binh (CEO)
■ About Reazon Holdings
Name
Reazon Holdings, Inc.
Business
Strategic planning, business management and growth support for the group companies
Foundation
February 2019
Headquarters
Japan
Representative
Makoto Watanabe (President)
