Delphos Advises on $20 Million Investment for LendMN in Mongolia

Delphos has announced its advisory role in securing a $20 million debt financing deal for the fintech company LendMN in Mongolia. This marks a significant milestone for both LendMN and the Mongolian fintech sector on the international stage. The financing, provided by Lendable, seeks to enhance financial inclusion in Mongolia through technology-driven solutions for Micro, Small, and Medium Enterprises (MSMEs).

LendMN has already disbursed $60 million in loans to over 3,800 businesses through its fully digital system, which uses AI for credit scoring and speedy loan disbursal. The investment aligns with LendMN's commitment to expanding credit access to underserved populations.

LendMN's CEO expressed optimism about attracting further international investments. Delphos continues its mission of providing innovative financial solutions globally, having raised over $20 billion across numerous development projects.