OUR HERITAGE
LendMN
Up to US$20MM Senior Secured Debt for Mongolia’s Leading Digital Lending Platform, LendMN
LendMN NBFI JSC, Mongolia’s leading digital lending platform, offers fully digital, non-collateral consumer and business loans. Delphos facilitated up to US$20MM in senior secured debt from Lendable Inc. This 3-year facility introduces much-needed international funding to Mongolia’s short-term oriented domestic market. The funds will expand LendMN’s microloan portfolio, serving underserved customers, including those without regular income or collateral.
Sector
Funds and Financial Services
Amount Raised
USD$20,000,000
Deal Type
Capital Raising
Unique Challenge
Delphos advised on structuring Mongolia’s first international senior secured fintech facility, designing a receivables-backed structure and coordinating FX risk mitigation solutions to align a digital lending platform with institutional investor requirements.
Sub-sector
FinTech
Year
2025
Type of Financing
Debt
Deal Impact in Numbers
- 35% of borrowers located in rural areas
- 90% of borrowers with non-salaried income
- 56% of borrowers are women
- 66% of LendMN's workforce are women
Lender
Lendable Inc
SDGs
Borrower
AND FSG Pte Ltd.
Deal Impact in Lives
- Underserved retail borrowers
- Individuals accessing first-time formal credit
- Users of digital financial services
Location
Mongolia
Interested in working with us?
Delphos arranges capital raising (debt and equity) and transaction advisory for emerging-market project sponsors and operating corporates across Africa, Asia, Latin America and the Caribbean, and Emerging Europe.
- 💼 Looking for a job or internship? Visit Careers.
- 🛠️ Vendor or service provider? Contact procurement@delphos.co.
- 📰 Press or event inquiry? Contact press@delphos.co.
Delphos- Premier Financial Advisor in Private Emerging Markets
Thank you for submitting the form. Our team will reach out to you soon.
In the meanwhile follow us on LinkedIn to get inspired daily.
Visit LinkedIn
We appreciate your interest in Delphos!
Could you let us know how you discovered us?
