Scaling SME Lending Without Burning Capital

 

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What’s the real fintech miracle? Lending to SMEs — and staying alive 9 years later.

In this episode of Couchonomics with Arjun, we’re joined by Nikhilesh Goel, Co-Founder & CEO of Validus, Southeast Asia’s largest SME financing platform. We unpack how Validus scaled to $5B+ in credit across the region by avoiding the hype and building disciplined, anchor-based lending models that work.

💡 Why SME lending is a graveyard for most fintechs
💡 Why 90% of Validus' capital comes from banks, not VCs
💡 AI that serves the ops, not the pitch
💡 How they scaled across SEA without shortcuts

🎧 Full episode now live on YouTube, Spotify & Apple Podcasts. Watch if you're building real fintech — not just noise.

Couchonomics with Arjun Season 04 is brought to you by our partners:
Adyen
https://www.adyen.com/
Thunes
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Mastercard
https://mastercard.com/
E&
https://www.eand.com/
Digit9
https://www.digitnine.com/
SC Ventures
https://scventures.io/
Hala
https://hala.com/

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