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Top 5 Financial Services VC Funds & Investors in Mongolia (September 2026)

The most active venture capital funds investing in Mongolia Financial Services startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Mongolia Financial Services startup companies. Find investors to raise a Seed, Debt Financing or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Belgian Investment Company for Developing Countries
VC Fund
2 Kenya, India, Belgium Debt Financing, Non-Equity Assistance, Venture - Series Unknown Financial Services, Finance, Banking $16k–$17M
Finnfund
VC Fund
1 Kenya, India, South Africa Debt Financing, Venture - Series Unknown, Series B Financial Services, Energy, FinTech $2.1M–$137M
Golomt Bank
VC Fund
1 Mongolia Seed Finance, Software, Education
Kilde
VC Fund
1 Estonia, Mongolia, United Kingdom Debt Financing FinTech, Lending, Financial Services $5.8M–$10M
European Bank for Reconstruction and Development
VC Fund
1 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Energy $5.1M–$369M
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Belgian Investment Company for Developing Countries
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Mongolia Financial Services startups

BIO invests in SMEs in developing countries and makes a structural contribution to the socio-economic growth.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Debt Financing, Non-Equity Assistance, Venture - Series Unknown
  • Geography: Kenya, India, Belgium

Investor stats

  • Total investments: 117
  • Round size: Debt Financing $1.6M–$17M; Non-Equity Assistance $16k–$145k; Venture - Series Unknown $43k–$9.8M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Amartha — Amartha Mikro Fintech - P2P Lending Indonesia. Alternatif investasi dengan modal terjangkau mulai 100Rb. Tedaftar OJK, Imbal hasil 15%* & Berdampak Sosial.
  • Coris Holding — Coris Holding is a financial institution that was established with the motive to provide support to SMEs and SMIs.
  • Orchidia Pharmaceutical — Orchidia Pharmaceutical Industries (Orchidia) is an outstanding Egyptian company specialized in the production of pharmaceutical ophthalmic products.
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Mongolia Financial Services startups

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Venture - Series Unknown, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 73
  • Round size: Series B $5M–$41M; Debt Financing $4M–$137M; Venture - Series Unknown $2.1M–$20M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $93M in 2025

Portfolio highlights

  • Bank Respublika — Bank Respublika builds its relations with customers on the principle of maximum benefit to them. It is to constantly improve the quality of customer service, expand services and improve conditions. It cooperates with various international and foreign financial institutions, and one of the main directions of this cooperation is the implementationof various programs for business lending and trade finance.
  • Transvolt Mobility — Transvolt Mobility is an early-stage, technology-driven EV fleet operator, enabling India’s transition to sustainable, zero-emission transport by providing a scalable, multi-partner platform for commercial electric mobility across urban and industrial segments.
  • ETG — ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, andSouth East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries. ETG runs its business under five business verticals: 1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa 2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts. 3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa 4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc. 5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.
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Golomt Bank
VC Fund · Ulaanbaatar, Ulaanbaatar, Mongolia · 1 investments in Mongolia Financial Services startups

Golomt Bank provides banking and financial services.

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Investment focus

  • Industry: Finance, Software, Education
  • Stage:Seed
  • Geography: Mongolia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Egune AI — Egune AI is pioneering artificial intelligence company building sovereign AI infrastructure for nations seeking digital independence. Founded in 2021, the company developed Central Asia's first large language model and is creating culturally-fluent AI systems. Egune AI builds complete sovereign AI stacks that nations control entirely. Our70-billion parameter language model matches GPT-4 performance on general tasks while dramatically outperforming it on local languages and cultural contexts. We offer: - Egune Chat: Consumer AI assistant available on iOS and Android, serving 50,000+ daily users with culturally-fluent conversation in their native languages - Egune Agents: Enterprise AI workforce platform automating customer support, HR, sales, and operations with domain-specific AI agents - Sovereign AI Infrastructure: Complete technology transfer enabling nations to build and control their own AI capabilities.
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Kilde
VC Fund · Singapore, Central Region, Singapore · 1 investments in Mongolia Financial Services startups

Hands-off regular income with up to 11.5% returns per year. Invest in consumer and SME loans with the leading lending firms.

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Investment focus

  • Industry: FinTech, Lending, Financial Services
  • Stage:Debt Financing
  • Geography: Estonia, Mongolia, United Kingdom

Investor stats

  • Total investments: 3
  • Round size: Debt Financing $5.8M–$10M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Reevoy — Reevoy is enabling big global brands in Fashion and Home Décor to buy from South-East Asia at the click of a button! Reevoy's platform is a one-stop destination for importers to find the perfect South-East Asian Exporters.Reevoy offers an End-to-End Tech Platform, which allows the importers to maintain constant visibility on the entireproduction process- from design to final quality checks. Importers can track order-progress, retrieve order-related documents in one cohesive system. Real-time production Dashboard provides complete transparency on live status of your order.Reevoy connects small and mid-sized South-East Asian factories to its cloud, with its web-based production management and visibility features. Reevoy has built a strong on-ground team of quality experts, which performs regular quality inspections. Reevoy's Team ensures that anything leaving Reevoy's warehouses meets the quality expectations of global importers. Reevoy maintains the industry benchmark of AQL standards of 1.5 to 2.5.Reevoy also eases the working capital woes of South-East Asian exporters by offering invoice factoring solutions. Reevoy's platform helps South-East Asian Exporters become globally competitive. With the help of swift automation, Reevoy enables granular decision-making and minimizes the risk involved, while also maintaining high standards of customer service.
  • Creditstar Group — Creditstar Group is a digital consumer finance company.
  • Netcapital Financial Group — Netcapital Financial operates in the financial services sector and offers banking and investment solutions. The company provides various loan products, including auto loans, business loans, and digital loans, that meet diverse client needs. Additionally, it offers investment opportunities such as bonds and trust services. Netcapital Financialemphasizes digital banking, enabling clients to access services conveniently through online platforms.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 1 investments in Mongolia Financial Services startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Energy
  • Stage:Debt Financing, Post-IPO Debt, Private Equity
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 485
  • Round size: Post-IPO Debt $17M–$369M; Debt Financing $5.1M–$215M; Private Equity $15M–$100M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Mlinar — Mlinar is the bakery retail and wholesale business in Croatia and operates the largest bakery retail network in South East Europe.
  • Yapı ve Kredi Bankası — Yapi Kredi Bankasi, established in 1944, is one of the first nationwide private banks in Turkey. It is engaged in credit cards, assets management, non-cash loans, leasing, factoring, private pension funds and non-life insurance. It is 80% owned by Koc Finansal Hizmetler (KFH), whose combined financial services network consists of over 13 millioncustomers and 835 branches in Turkey.Yapi Kredi was acquired by Mehmet Emin Karamehmet's Çukurova Holding in 1984. In 2003, Çukurova Holding reached an agreement with the Turkish bank regulator to sell the majority of its shares in Yapi Kredi within two years. In 2005, the majority of shares in Yapi Kredi was acquired by the owners of Koçbank. Koç Finansal Hizmetler (KFH) was an equal partnership between Koç Holding and Italian banking giant, Unicredit. In 2006, Koçbank was merged into Yapı Kredi, leaving 80% of Yapi Kredi owned by KFS.
  • European Metals Holdings — European Metals Holdings is a mineral exploration and development company engaged in the exploration of tin and base metals. The Company is primarily involved in the development of a lithium and tin project in the Czech Republic.
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Financial Services VC funding in Mongolia at a glance

Stats across 21 deals from 19 investors.

19
investors
in Mongolia Financial Services startups
21
deals
in Mongolia Financial Services startups
$25M
median round
in Mongolia Financial Services startups
63%
lead investors
lead at least one round
76%
Debt Financing
most common funding stage

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