Marubeni and SBI have co-led a $15.3m round for the Mongolia-focused mobile credit app developer, investing alongside existing shareholder Techstars Ventures.

Singapore-headquartered credit scoring platform And Global closed a $15.3m series A round today co-led by diversified conglomerate Marubeni and financial services group SBI.

Returning investor Techstars Ventures filled out the round, which included a December 2020 first tranche backed by Marubeni and a recent $5m investment by SBI.

Founded in 2015, And Global has built an artificial intelligence-equipped financial mobile app which helps users access personal loans and various payment methods. Its lead product, LendMN, focuses on the Mongolian market…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Email LinkedIn