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“Netcapital Finance Corporation NBFI LLC” is proud to announce the successful completion of our transition to the IFRS 9. This milestone marks a significant step forward in our commitment to financial transparency and operational excellence.

By adopting IFRS 9, we are moving toward a more sophisticated, forward-looking approach to credit risk. This transition ensures that our financial reporting reflects the highest international benchmarks, providing a clear and standardized view of our asset quality.

This achievement underscores our dedication to maintaining a future-oriented financial structure and fostering long-term, sustainable growth.

Netcapital Finance Corporation NBFI LLC, a leading Mongolian financial institution and a recognized Top 100 Entity, is pleased to announce the successful arrangement of a USD 5 million debt financing facility with Bankers Crowd Credit Co., Ltd., a Japan-based private debt investment platform. 

This landmark transaction strengthens Netcapital Finance Corporation NBFI’s funding base, supports the diversification of its loan portfolio, and reinforces its role as a key driver of financial accessibility across Mongolia. The proceeds will be used to expand credit access for micro, small, and medium-sized enterprises (MSMEs), rural entrepreneurs, young business owners, and women-led enterprises, delivered through Netcapital’s nationwide network of 45 branches and its Netpay mobile application.

With a strong focus on innovation and digital transformation, Netcapital continues to expand its product offering, which includes specialized business loans, green loans, auto financing, and consumer lending through Netpay, designed to meet the evolving needs of more than 130,000 customers.

“By directing these resources toward Mongolia’s most underserved communities, we are advancing our core mission of financial inclusion and creating meaningful economic impact,” said Khunshagai B., CEO of Netcapital Finance Corporation NBFI LLC.

About Netcapital Finance Corporation NBFI LLC

Established in 2008, Netcapital is a premier non-bank financial institution in Mongolia, providing a broad range of digital and traditional financial products. The company is recognized for its strong corporate governance, transparency, and commitment to innovation, and continues to play a leading role in expanding access to responsible financial services across the country through its nationwide branch network and technology-driven solutions.

About Bankers Crowd Credit Co., Ltd

Bankers Crowd Credit is a global online marketplace lending platform connecting Japanese investors with diverse debt opportunities worldwide. They help borrowers diversify funding sources while giving investors access to non-bank financial institutions, microfinance, renewable energy, and more. Their loans support both financial returns and positive social impact.

Guideline

1. Purpose

This guideline aims to organize and implement the “NetFuture 50” Student Scholarship Program initiated by Netcapital NBFI LLC, which is designed to support university students’ academic development, encourage research and creative activities, and promote personal growth.

2. Eligibility Requirements

Applicants must:

3. Timeline

4. Required Documents

All materials should be submitted to: hr@netcapital.mn

5. Scholarship Process

  1. Application submission

  2. Selection process

  3. Scholarship certificate presentation

6. Selection Procedure

The Netcapital NBFI Student Scholarship will be organized in three stages:

  1. Preliminary screening: Review of submitted documents to identify eligible applicants.

  2. Second stage: Group presentation sessions.

  3. Final stage: Discussion and problem-solving task based on a given topic, following the sponsor’s evaluation methodology.

7. Key Benefits

📞 Contact number: 8827 9397

In line with its "Sustainable Financing Policy," Netcapital Financial Group operates by upholding the principles of sustainable financing, implementing initiatives that benefit the environment, society, and the economy. We are pleased to present our 2024 Sustainability Report, which details the work we have accomplished in this area.

Report: https://bit.ly/43KgySC

The campaign, organized by Netpay and Sain Motors LLC, announced ten lucky winners today and presented them with their prizes. The grand prize winner, D. Tserensodnom, a monk from Tugs Buyan Javkhlant Monastery in Zavkhan province, was revealed and handed the keys to his Jetour X1 car. The other nine winners received fantastic prizes, including an iPhone 15, Samsung S24 Plus, PlayStation, Starlink, Huawei Buds, cash prizes, and a Galaxy Watch.

B. Khunshagai, CEO of Netcapital Financial Group, on the campaign:

"Netcapital Financial Group's goal was to give all Mongolians the opportunity to watch the XXXIII Summer Olympics and the XVII Summer Paralympics live, and through this, to support our Mongolian teams and athletes. On top of that, Netcapital Financial Group has been operating stably in the industry for 16 years. Therefore, as part of our social responsibility, we organized an event aimed at our customers. We are very happy that over 400,000 lottery tickets were registered from Netpay and Sain Motors customers for this campaign."

Netcapital Financial Group presented BABA brand uniforms and cash vouchers to its determined Olympic athletes.

With just 10 days left until the start of the XXXIII Summer Olympic Games in Paris, France (July 26 - August 11, 2024), the anticipation is at an all-time high. The Olympics represent the pinnacle of an athlete's career, and their success and fame are crucial events that signify a nation's strength and progress. It is with this spirit that Netcapital Financial Group showed its support for the determined national team and athletes striving to raise Mongolia’s name on the world stage by presenting them with uniforms from the BABA brand and cash vouchers.

A total of 33 Mongolian athletes in 9 sports have qualified for the Olympics, an event anticipated by millions of sports fans worldwide. The first group of Mongolian athletes, who carry the hopes of their people, will head to Paris on the 15th of this month. The archery pre-competition is scheduled to begin on the 24th.

"Olympic Lucky Winner Gets a Jetour Car" Campaign

In related news, Netcapital Financial Group and Sain Motors LLC have announced the summer's biggest promotional campaign with the largest prize fund: "Olympic Lucky Winner Gets a Jetour Car."

As part of the campaign, all customers who have used products or services from Netcapital Financial Group or Sain Motors LLC since January 2024 are eligible to win. The companies have prepared many exciting gifts, including loyalty points through the Netpoint program and chances to spin a wheel of prizes.

The lucky winner will be announced on September 8th.

"Netcapital Financial Group," the official sponsor of the live broadcast of the Paris Olympics, has signed a partnership agreement with the Mongolian National Olympic Committee (MNOC). The agreement's aim is to support Mongolia's national team and athletes who are full of passion and determined to raise the country's name on the world stage at the "Paris 2024" Olympics, a celebration of humanity.

As the general sponsor of the live broadcast of the Paris Olympics, the pinnacle of human celebration, Netcapital Financial Group has signed a cooperation agreement to support B. Otgonbold, an archer from the Mongolian National Team who has qualified for the Paris 2024 Olympics.

B. Otgonbold is also recognized as the Asian Games champion, the recipient of the 2023 Athlete of the Year traveling cup, and an International Master of Sports.

We are honored to support our national teams and athletes, who are full of fiery determination to raise Mongolia's name on the world stage. We extend a blessed wish for our golden Soyombo state flag to rise triumphantly in the Paris sky.

We wish B. Otgonbold great success in his sports endeavors!

At the meeting, the team reported on and confirmed the company's achievements from the past year and discussed new opportunities and solutions to finalize the collective goals and plans for 2024.

Based on the decision made at the regular Board of Directors meeting on March 15, 2024, the company's "Core Values and Culture" and "Organizational Structure" have been updated and approved.

These changes are aimed at establishing Customer-Centricity by further integrating digital transformation and AI solutions into our operations in 2024. Our goal is to create products and services that meet the needs of every single one of our customers.

 

Our Updated Mission, Vision, and Values

 

Mission: To lead the fintech revolution in the digital age.

Vision: A digital bank in your hands.

Core Values:

Culture:

Note: The Core Values and Culture were updated by the Board of Directors' decision on March 15, 2024.