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ICFG secures $25 million loan facility to expand Mongolia operations www.investing.com

LONDON - ICFG Limited (LON:ICFG), an international financial services group, has secured a loan facility of up to $25 million from Alternative Investments VCC, acting on behalf of Helicap Income Opportunities Fund, according to a press release statement issued Tuesday.
The initial disbursement under the facility amounts to $11 million, with $9.5 million allocated to ICFG’s subsidiary Pocket NBFI LLC and $1.5 million to ICFG Limited. ICFG PTE. Ltd. will serve as guarantor for the loan.
Pocket NBFI operates the Pocket fintech application, which currently serves over 875,000 registered customers. The platform functions as a financial marketplace connecting customers with multiple financial service providers.
"We are delighted to partner with Helicap to further our mission of advancing financial inclusion across emerging markets," said Enkhmaral Batkhuyag, Interim CEO of ICFG. "This facility will enable us to scale our lending operations in Mongolia and strengthen our digital financial ecosystem."
Helicap is described as a fintech investment management firm specializing in the alternative lending sector across the Asia-Pacific region. The company aims to address what it estimates as a more than $500 billion credit gap in the region.
ICFG indicated that the partnership aligns with its mission to expand financial access for underbanked and unbanked populations while promoting the growth of micro, small and medium enterprises across emerging markets. The company expects to announce further updates as additional tranches of the facility are agreed and disbursed.



Published Date:2025-11-04