Business Daily Media

Men's Weekly

.

Delphos Advises on Historic $20 Million Investment for Fintech LendMN to Propel Financial Inclusion in Mongolia

WASHINGTON, DC and ULAANBAATAR, MONGOLIA - Media OutReach Newswire - 23 April 2025 - Delphos, a premier advisor in private emerging markets, proudly announces its role as the exclusive financial advisor for LendMN's landmark $20 million USD debt financing.

This strategic financial move marks the first significant milestone for a Mongolian fintech company, positioning LendMN and Mongolia on the international stage for fintech innovation and investment.

Delphos President Andrew Brown
Delphos President Andrew Brown

This significant debt facility is provided by Lendable, a leading name in debt finance for tech-enabled companies across emerging markets. Lendable is dedicated to fostering greater economic justice and sustainability worldwide. The funds will enhance LendMN's commitment to technology-driven financial solutions for Micro, Small, and Medium Enterprises (MSMEs) in Mongolia.

Delphos President Andrew Brown highlighted the transaction as "a testament to Delphos' expertise in facilitating impactful cross-border financings that drive financial inclusion. We are proud to support LendMN in its mission to expand access to credit for Mongolia's underserved populations."
LendMN BNFI JSC CEO Uuganbayar.TS
LendMN BNFI JSC CEO Uuganbayar.TS

LendMN, Mongolia's first digital lending fintech and a subsidiary of AND Global, has revolutionized the financial landscape with its fully digital Flexi Business Loan, which has already disbursed $60 million USD in loans to over 3,800 micro and small business owners since its launch. The platform's innovative approach includes automated credit scoring and instant loan disbursement without collateral, leveraging AI to bridge the financial gap for businesses traditionally overlooked by standard banking practices.

Uuganbayar Tserendorj, CEO and Board member of LendMN, expressed his optimism, stating, "We are delighted with this achievement as it denotes LendMN's robust technology and successful business model, opening doors to future international investment opportunities

With this landmark investment, Delphos continues solidifying its position as a definitive source for innovative financial solutions and strategic advisory services for development projects worldwide. Delphos has raised over $20 billion in development finance, benefiting over 1,200 companies globally.




Hashtag: #Delphos

The issuer is solely responsible for the content of this announcement.

About AND Global

Established in 2016, AND Global drives financial inclusion and technological advancement across Southeast Asia. Operating in 12 countries with 13 subsidiaries, AND Global leads the fintech sphere towards sustainable growth

About Lendable

Lendable pioneers in creating equitable, sustainable financial solutions with over $577 million deployed in emerging markets, facilitating access to finance for the underserved

About Delphos:

Delphos is the definitive source for arranging innovative financial solutions for development companies and projects. We specialize in raising long-term, competitively priced capital for corporates, fund managers, developers, SMEs, sovereigns, and entrepreneurs around the world. Since 1987, we have arranged more than $20 billion in development finance to support the efforts of over 1,200 companies. We tap into the resources of more than 350 government agencies and multilateral organizations worldwide to help clients realize their international business goals and have sustainable impact. In addition to our capital raising efforts, Delphos provides market-leading transaction advisory and investment/risk management consulting services to government and private sector clients across multiple industries. We are approved advisors to AfDB, DFC, IDB Invest, IFC, USAID, US Ex-Im Bank, USTDA, WBG, leading private equity firms, infrastructure developers and strategic investors, and foreign governments and utilities.

This press release underscores Delphos' strategic role in facilitating groundbreaking financial transactions that catalyze innovation and inclusive growth in emerging economies.


News from Asia

Trading Amid Turbulence: Octa Broker's Guide to Navigating High-Volatility News Cycles

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 16 May 2025 - Today, financial markets no longer dance solely to the rhythm of macroeconomic data releases. Instead, they often lurch or rally in...

Vietnam’s VinFast Rides the Green Wave into the Gulf

VinFast, Vietnam’s electric vehicle champion, is steering into the Gulf with ambition and pride, transforming the nation’s global image from factory floor to innovation force. HANOI, VIETNAM- Medi...

HKBU Survey Finds Over 3 in 4 Hong Kongers View Climate Change "Fake News" as a Significant Threat

HKBU Fact Check Hosts Exhibition to Raise Public’s Science Information Literacy HONG KONG SAR - Media OutReach Newswire - 16 May 2025 - Climate change remains a pressing global issue, but misinfor...

Transform Your Home with the Next-Generation Cleaning Companion: Tineco’s Young Series – Powerful, Efficient, and Affordable

Tineco launches the Young Series with three new floor washers: the Y2, Y3, and Y5 Stretch Ultra Experience the ultimate cleaning experience with these innovative floor washers, wh...

LEGOLAND® Malaysia Resort Launches Asia’s Biggest LEGO® School Challenge 2025

Grand Prize Trip to Korea, New Speed Building Finale, and Unforgettable Prizes Await Young Builders! JOHOR BAHRU, MALAYSIA - Media OutReach Newswire - 16 May 2025 - Ready, set, build! The most ant...

TruCare Dental Invites Community to ‘Complimentary Orthodontic Consultation Days

HONG KONG SAR - Media OutReach Newswire - 16 May 2025 - TruCare Dental is inviting the public to take the first step toward a healthier and more confident smile by attending its upcoming Complime...

GSM launches Xanh SM platform, officially distributes VinFast VF 3 and VF 5 electric vehicles in Laos

VIENTIANE, LAOS - Media OutReach Newswire - 17 May 2025 – Green and Smart Mobility Joint Stock Company (GSM), the operator of Xanh SM – Southeast Asia's first all-electric ride-hailing service ...

InvestHK showcases Hong Kong as Asia’s gateway during Cairo visit

HONG KONG SAR - Media OutReach Newswire - 17 May 2025 - Invest Hong Kong (InvestHK), the Hong Kong government's investment promotion arm, announced today (17 May 2025) that Ms Alpha Lau, Director-...

SUNRATE Named Among Top 100 Cross-Border Payment Companies for 2025 by FXC Intelligence

SINGAPORE - Media OutReach Newswire - 19 May 2025 - SUNRATE, the global payment and treasury management platform, has once again been recognised by FXC Intelligence as one of the Top 100 Cross-Bor...

Philips Evnia launches the 4th Gen QD-OLED Gaming Monitor, elevating the ultimate gaming experience, along with 4K 240Hz Refresh Rate and DP 2.1 Ports

SINGAPORE - Media OutReach Newswire - 19 May 2025 - Evnia, the premium gaming sub-brand of Philips Monitors, is proud to announce the groundbreaking launch of its flagship 27M2N8800 QD-OLED Gamin...

Sleep Soundly, Knowing Your People Are Paid Right: Navigating the Complexities of Modern Payroll

The Role of Modern Payroll Modern payroll systems are essential to any organization's financial infrastructure in today's rapidly evolving business...

Tariffs for dummies: Getting to grips with the business of exporting goods and services

It pays to understand how the international taxation system works before you start selling abroad. Take a glance at the business news just now an...

Deputy Unveils Enterprise-Grade Analytics+ to Power Smarter Workforce Decisions for Shift-Based Businesses

Deputy, the world’s leading workforce management platform for shift work, today announced the global launch of Deputy Analytics+, a next-generatio...

UNSW startup accelerator offers $200K to the next generation of Australian deeptech unicorns

UNSW Founders, Australia’s most recommended startup accelerator, has partnered with fund manager Luminary Partners to invest $200,000 each into 18...

The Future Is Now: AI Modernization Is Reshaping How Business Gets Done

The present business environment imposes stronger requirements on Australian organizations to match the fast-paced digital-first economy requireme...

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

Sell by LayBy