The Venture Codex

Led · Series B · Aug 2025

AND Global offers digital lending services and FinTech solutions, including AI-powered products, aimed at expanding financial inclusion for underserved individuals and businesses. The company was founded in 2017 in Mongolia and operates 13 subsidiaries with around 250 employees. It maintains offices in Mongolia, Japan, Singapore, the Philippines and Thailand and has activities across 11 countries. AND Global plans to use new capital to expand its AI-powered solutions and develop tools for financial institutions serving micro, small and medium-sized enterprises (MSMEs). Management has stated an intention to scale operations across Southeast Asia to increase reach and impact. AND Global is a Singapore-incorporated financial technology firm. The company operates a subsidiary named AND Systems. AND Global has raised $2.8 million in funding from South Korea’s Rhinos Asset Management. The capital is intended to finance AND Systems’ expansion push into Myanmar and the Philippines. The article does not disclose the company’s core product details, revenue, user metrics, or the specific instrument used for the funding.