Mongolian Startup Breaks Record with $21.4M Series B

Unread Media

— 1 min read
Mongolian Startup Breaks Record with $21.4M Series B
Image: ikon.mn

With this milestone, the company has become the first Mongolian business to secure Series B funding. One of Mongolia’s leading fintech firms, And Global attracted investment from prestigious backers including IFC (International Finance Corporation) and AEON.

Investors from earlier rounds—Marubeni, SB Holdings, and Premium Group—also participated. Previously, And Global had raised $18 million.

Today, the company operates successfully in 11 Southeast Asian countries, developing AI-powered fintech solutions for document processing and credit scoring. Following this latest funding round, its market valuation has reportedly reached $100 million.

Read more