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CORPORATE GOVERNANCE
Founders
The initiators of the LendMN project began their research in 2015 by establishing a company called Nomad Invest in Mongolia. By early 2016, the project’s first phase of funding, 1 million USD was received from both foreign and domestic investors. This funding allowed LendMN to start developing technical solutions for the project.
“AND Global” is the parent company of “AND Systems” LLC and “LendMN NBFI” JSC, and is responsible for the investment, strategy, and management of the AND Group.
The young professionals at “AND Global” are introducing the LendMN application model, which is one of the complex financial technology solutions they have created and successfully implemented in Mongolia. They are also introducing other technologies they have created to countries in Southeast Asia and beyond.
“AND Global” has secured Series A investment from Marubeni Corporation and SBI Holdings, totaling 15.3 million US dollars. This is the largest Series A investment in Asia. As a result, the company’s valuation has now reached approximately 58 million US dollars.
ANAR Chinbaatar
Founder
- Systems engineer
- Founder of Mongolian 4th mobile operator
- Founder of LendMN NBFI JSC
- Founder and President of And Global
- Founder and Chief Executive Officer of ONDO LLC
BOLDBAATAR Ochirsuren
Founder
- Financier, Auditor and International Certified Public Accountant
- Founder of LendMN NBFI JSC
- Founder of AND Global
- Board Member of LENDMN NBFI JSC
- Founder and CFO of ONDO LLC
OTGONBAYAR Uuye
Founder
- Doctor of Mathematics
- Founder of LendMN NBFI JSC
- Head of Artificial Intelligence AND Global
OTGONBAYAR Purevsuren
Founder
- Software Engineer, Master of Science
- Founder of LendMN NBFI JSC
- Founder and CTO of AND Global
- CEO of AND Solutions