Leading global fintech company AND Global has successfully raised $21.4 million in a Series B funding round led by the International Finance Corporation (IFC), a member of The World Bank Group, and AEON Financial Service, a major Japanese financial group operating in 11 Asian markets. This milestone marks a significant step forward for the company’s growth and expansion in the region.
The fresh investment will be directed toward strengthening AND Global’s portfolio of services, including digital lending and innovative fintech solutions designed to enhance access to finance. The company aims to better serve small businesses, as well as unbanked and underbanked populations across Asia, addressing long-standing barriers to financial inclusion.
With the successful completion of this round, AND Global has become the first Mongolian company to secure Series B funding. This achievement not only highlights the company’s strong market potential but also reinforces its mission to bridge financial gaps and drive greater inclusion in Southeast Asia’s rapidly evolving financial ecosystem.
