ICFG Limited
AI-Generated
LSE: ICFGPublic CompanyFinancial ServicesOverview
- Legal Name
- ICFG Limited
- Company Type
- Public Company
- Listing
- LSE: ICFG
- Industry
- Financial Services
- Founded
- 2016
- CEO
- Enkhmaral Batkhuyag
- Website
- www.ic-fg.com
- Coverage
- AI-Generated
About the Company
ICFG Limited is an international financial services group incorporated in Guernsey and admitted to the Main Market of the London Stock Exchange. Formerly named Fintech Asia Limited, the Group took its current form on 12 February 2025 through the reverse takeover of ICFG Pte. Ltd. Founded in Mongolia in 2016, it became the first Mongolian financial company to list on the London Stock Exchange, and operates from head offices in Guernsey, Singapore and Ulaanbaatar. The Group is organised around six business lines: microfinance through InvesCore, fintech through the Pocket platform, investment banking and brokerage through InvesCore Capital, AI and information technology, real estate and property management, and digital insurance.
Financial Performance
| Metric | 2024 | 2025 |
|---|---|---|
| Net Profit | 24.5M | 8.04K |
| Net Interest Income | 41.4M | 54.4M |
| Fee & Commission Income | 13.9M | 19.9M |
| Operating & Administrative Expenses | (16.5M) | (25.1M) |
All figures in USD. K = thousand, M = million, B = billion, T = trillion.Source: company_filing
Ownership & Structure
Shareholders
Ankhbold Bayanmunkh35.75%
Kawazoe Takaaki13.65%
Hirohito Namiki10.46%
Munkh-Ochir Batbayar9.73%
IC Japan LLC3.74%
IVC Estonia OÜ3.12%
Deal Insights
| Date | Amount | Investors | Funding Type | Purpose |
|---|---|---|---|---|
| Nov 4, 2025 | $25M | Alternative Investments VCC, Helicap Income Opportunities Fund | Debt | Up to USD 25m facility; initial disbursement USD 11m — USD 9.5m to Pocket NBFI LLC and USD 1.5m to ICFG Limited, guaranteed by ICFG PTE. Ltd. |
| Sep 15, 2025 | £330K | IVCH SG PTE Ltd | Debt | General working capital; first tranche of an unsecured programme up to GBP 1m, 10% p.a., 12-month term, no conversion rights. Related party — IVCH is controlled by board director Hirohito Namiki |
| Aug 27, 2025 | $20M | FMO | Debt | 5-year senior loan; min 10% green initiatives per FMO Master Green List, 90% micro and SME sub-loans for agricultural, rural, women and youth borrowers; E&S Category C |
| Apr 1, 2025 | ₮7B | Equity | 51% stake in Insur LLC, Mongolian InsurTech — MNT 1bn common + MNT 6bn preferred |
Executive Team
EB
CEO
Enkhmaral Batkhuyag
Chief Executive Officer
AB
Ankhbold Bayanmunkh
Chairman, Executive Director; Chief Executive Officer, SIBJ Capital LLC
EB
Enkhmaral Batkhuyag
Chief Executive Officer and Executive Director
HN
Hirohito Namiki
Executive Director; Chief Executive Officer, ICFG Pte Ltd
OD
Orolmaa Dashnyam
Chief Executive Officer (InvesCore NBFI JSC ба Pocket NBFI LLC)
TC
Tat Cheung (Stephen) Wong
Chief Financial Officer
Board of Directors
Sustainability
Sustainability Outcomes
Financial inclusion through AI-driven digital lending (189,762 active borrowers)green financing aligned with the SDG Financing Taxonomy (energy/resource-efficient business investment, EVs, energy-efficient housing)support for women-led MSMEs; biodiversity conservation
UN SDGs
SDG 4SDG 5SDG 6SDG 7SDG 8SDG 9SDG 10SDG 11SDG 13SDG 16SDG 17
ESG PolicyYES
Sustainability DisclosureYES
Transition / Mitigation StrategyYES
Impact TrackedYES
Impact VerifiedNO
Certifications
ISO 9001 (quality management)ISO 27001 ISMS (adherence stated, certification not confirmed)Client Protection Silver Certificate — assessment by MFR initiatedPCAF