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GXS Bank has announced that it obtained regulatory approval to move forward with the acquisition of Validus Capital, the Singapore subsidiary of Validus Group.
acquisition, fintech, digital banking, SMEs, lending, SME lending
Validus, a Singapore-based digital lending platform, has secured USD 50 million in debt financing from HSBC as part of the ASEAN Growth Fund strategy.
funding, lending, financial services, SMEs, supply chain finance