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ICFG Limited Secures $25 Million Financing Facility to Boost Lending in Mongolia

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ICFG Limited Secures $25 Million Financing Facility to Boost Lending in Mongolia

Meet Your ETF AI Analyst

Fintech Asia Limited ( (GB:ICFG) ) has shared an announcement.

ICFG Limited has secured a financing facility with Helicap Income Opportunities Fund, allowing for a loan amount of up to US$25 million, with an initial disbursement of US$11 million. This partnership is a strategic move to enhance ICFG’s lending operations in Mongolia and aligns with its mission to promote financial inclusion and support micro, small, and medium enterprises in emerging markets.

More about Fintech Asia Limited

ICFG Limited is an international financial services group focused on expanding financial access for underbanked and unbanked populations. It operates in the fintech industry, providing services through its proprietary application, Pocket, which serves over 875,000 registered customers as a financial marketplace connecting users with multiple financial service providers.

Average Trading Volume: 28,837

Technical Sentiment Signal: Sell

Learn more about ICFG stock on TipRanks’ Stock Analysis page.

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