Both foreign and domestic fintech firms are promoting connections with commercial banks to lend unsecured loans to individuals, and small and micro enterprises as demand for consumer and business loans at the end of the year is rising.
Validus Vietnam, the Viet Nam entity of Singapore’s SME financing platform, Validus Capital (Validus), is collaborating with Nafoods Group JSC (Nafoods) to provide supply chain financing to Nafoods and the small and medium enterprises (SMEs) within its ecosystem.