News & Press Releases
THE FIRST TRANCHE OF THE FUNDING FROM CROWD CREDIT HAS ARRIVED
As announced earlier Ard Credit entered into a partnership agreement with the Crowd Credit of Japan last February for MNT denominated debt financing equivalent to USD5 million.
ARD CREDIT’S IPO (MSE: ADB) IS 3 TIMES OVERSUBSCRIBED
Ard Credit’s IPO (MSE: ADB) is 3 times oversubscribed. Ard Credit NBFI’s IPO subscription took place between 18th of February and 1st of March. Ard Credit offered 25 percent of its capital or 70,000,000 shares to strategic investors and the public.
АRD CREDIT NBFI RAISES $5M FROM JAPANESE MARKET
Ard Credit has signed a financing partnership agreement with Japanese company Crowd Credit that will raise MNT equal to USD 5M. Ard Credit will use these funds for debt capital to fund small loans through their artificial intelligence based Ard App and plans to expand its operations nationwide.
NEW VERSION OF ARD APP LAUNCHED
The new version of Ard Credit’s Ard App, which includes e-commerce on top of financial products and services, was introduced to the public during the 3rd Annual Investor Nation Forum 2019.
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