IFC Invests in Mongolian Fintech AND Global to Scale Inclusive Finance
Mongolia, Aug. 19 -- As part of its commitment to digital transformation and financial inclusion, IFC is investing $7 million in a Series B funding round for AND Global, a leading Mongolian fintech company. This investment will support innovation in financial services, improve access to finance for small businesses, and foster job creation and economic diversification in Mongolia.With IFC's support, Global aims to accelerate the growth of its AI-driven solutions and expand its product suite through its technology arm, AND Solutions, to better serve financial institutions undergoing digital transformation. AND Solutions offers a comprehensive product portfolio, including document processing, credit scoring, and lending systems with active tr...
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