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flag GXS Bank acquires Validus Capital, boosting SME services in Singapore's digital banking sector.

flag GXS Bank, supported by Grab and Singtel, has acquired Singapore's digital lending platform Validus Capital, enhancing its SME services. flag This all-cash deal, approved by Singapore’s financial regulators, marks a first for digital banks in the country. flag With Validus Capital’s customer base and expertise in supply chain and working capital loans, GXS Bank aims to expand its business banking services to more SMEs by the third quarter of 2025.

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