LendMN, a project by ‘And Global’ company, became one of the nine companies selected from 200 startups. 
The accelerator program co-organized by Rakuten and Techstarts will run for three months. As a result, in October the selected companies will introduce their startups to over 300 top Asian investors and have the opportunity to attract investments.

As part of the program, LendMN will have access to resources from across Rakuten’s global ecosystem of more than 70 services, including Rakuten Viber messaging and voice platform. Therefore, the company services will be available on Viber.

LendMN is an AI based intellectual work of Mongolian youth and the first fintech company to issue IPO at the Mongolian Stock Exchange (MSE). The company offered 25 percent of its shares to raise MNT 5 billion. However, it received orders worth of MNT 43.98 billion from the public, setting number of records on the MSE.

B.Misheel