1 MONGOLIA Q2 GDP STRONGEST IN A YEAR WWW.TRADINGVIEW.COM PUBLISHED:2025/08/19      2 MONGOLIAN FINTECH AND GLOBAL RAISES $21.4M IN SERIES B FUNDING WWW.FINTECHFUTURES.COM  PUBLISHED:2025/08/19      3 MONGOLIA WATER COMPACT UPDATE: ON TIME AND ON BUDGET WWW.MN.USEMBASSY.GOV  PUBLISHED:2025/08/19      4 ABM'S MONGOLIA GROWTH STORY WWW.MINING-JOURNAL.COM  PUBLISHED:2025/08/19      5 FOREIGN MINISTER TO PAY OFFICIAL VISIT TO MONGOLIA AND ATTEND 10TH FEALAC MEETING WWW.KPL.GOV.LA PUBLISHED:2025/08/19      6 SUCCESS IN IRRIGATED AGRICULTURE: RESULTS FROM A FIELD EXPERIMENT WWW.MONTSAME.MN PUBLISHED:2025/08/19      7 MONGOLIA TO HOST 17TH WORLD HORSEBACK ARCHERY CHAMPIONSHIPS WWW.ASIANEWS.NETWORK  PUBLISHED:2025/08/19      8 ADB TO FINANCE CONSTRUCTION OF 108 SCHOOLS AND 95 KINDERGARTENS WWW.MONTSAME.MN PUBLISHED:2025/08/17      9 UMNUGOBI TO BECOME THE FIRST AIMAG TO ISSUE BONDS OF UP TO MNT 500 BILLION WWW.MONTSAME.MN PUBLISHED:2025/08/17      10 HUNDRED YEARS OF PIT LATRINES AND 76 YEARS OF COAL-BURNED TRAINS WWW.UBPOST.MN PUBLISHED:2025/08/17      ТӨСӨВ 2026: НҮҮРСНИЙ ҮНЭ 133.7 ДОЛЛАР БАЙХААР ТООЦЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/08/19     АНУ-ЫН ЗАСГИЙН ГАЗАР УСНЫ КОМПАКТЫН ТӨСӨЛ, ХӨТӨЛБӨРҮҮДИЙГ ҮРГЭЛЖЛҮҮЛЭН САНХҮҮЖҮҮЛЭХЭЭР ШИЙДВЭРЛЭЛЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/08/19     ИНФЛЯЦИ 8.1 ХУВЬТАЙ ГАРЛАА WWW.NEWS.MN НИЙТЭЛСЭН:2025/08/19     О.БАТНАЙРАМДАЛ: “ОНТРЭ” КОМПАНИЙН ХОЁР ОРДЫН ЛИЦЕНЗ УИХ-ЫН БҮРЭН ЭРХИЙГ ДАВЖ, ШИЛЖИХ ЯМАР Ч БОЛОМЖГҮЙ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/08/19     МОНГОЛ УЛСАД НИЙЛҮҮЛЭХ ШАТАХУУН ТОГТВОРТОЙ ҮРГЭЛЖИЛНЭ ГЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/08/19     ЕРӨНХИЙ БОЛОВСРОЛД 830 ОРЧИМ МЯНГАН ХҮҮХЭД СУРАЛЦАНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/08/19     ЗАСГИЙН ГАЗАР ХАРЬЯА БАЙГУУЛЛАГУУДААС 400 АЛБАН ТУШААЛЫГ ЦОМХОТГОЖ, ₮6.3 ТЭРБУМЫГ ХЭМНЭХЭЭР ТООЦЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/08/19     ИРЭХ ОНД ОРОН СУУЦНЫ САНХҮҮЖИЛТИЙН ДАГНАСАН БАНК БАЙГУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/08/18     БАНКНЫ САЛБАРЫН ӨРСӨЛДӨХ ЧАДВАРААР БҮС НУТАГТАА ТЭРГҮҮЛЭВ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/08/18     ИРГЭДИЙН САНАЛ 2026 ОНЫ ТӨСӨВТ: ТАТВАР, ХАЛАМЖИЙГ БАГАСГА, ЭРҮҮЛ МЭНДИЙН САЛБАРТ ХӨРӨНГӨ ОРУУЛАЛТ НЭМ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/08/18    

Mongolian fintech AND Global raises $21.4m in Series B funding www.fintechfutures.com

Mongolian fintech company AND Global has secured $21.4 million in a Series B funding round led by the International Finance Corporation (IFC) and Japanese financial group AEON Financial Service.
The investment round also drew participation from Marubeni Corporation, SBI Holdings, and Tokyo's Premium Group, and builds on the company's $15.3 million Series A in 2021.
Founded in 2015 and led by CEO Khos-Erdene Baatarkhuu, AND Global provides a range of financial services solutions for businesses through its proprietary Fintech-as-a-Service software, including digital lending solutions as well as custom credit scoring tools and document processing services.
The funding announcement comes shortly after AND Global's subsidiary LendMN secured $20 million in debt financing from London-based investment platform Lendable in April. LendMN, launched in 2017 as Mongolia's first digital lending fintech, now serves over 1.3 million registered users.
"Mongolia, as the most sparsely populated country, can greatly benefit from digital solutions to expand access to finance and services," states Matthieu Le Blan, IFC’s resident representative for Mongolia.
According to AND Global, the fresh capital will support the expansion of its AI-powered fintech solutions and will enable the company to broaden its product portfolio.
AND Global currently operates in 11 countries and employs 250 people across offices in Mongolia, Singapore, Japan, the Philippines, and Thailand. 
About the Author
Cameron Emanuel-Burns is a reporter at FinTech Futures and is dedicated to enhancing the accessibility of fintech for a broader audience.

 



Published Date:2025-08-19