XacLeasing is a Mongolian-based financial leasing startup founded in 2007 as a subsidiary of TenGer Financial Group. They focus on strengthening the leasing sector in Mongolia by providing entrepreneurs and small to medium-sized enterprises with access to equipment and machinery, aiming to stimulate business revenue. The company's appeal lies in their ability to offer longer lease tenors, asset specialization, simpler documentation, faster credit decisions, and low collateral requirements. The latest investment of €4.33M in debt financing came from the Belgian Investment Company for Developing Countries on 22 August 2018. XacLeasing's commitment to creating new opportunities, improving customer satisfaction, and enhancing their services positions them well for continued growth and success within the financial services industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Debt Financing | €4.33M | 1 |
|
22 Aug 2018 |
| Grant | €20.52K | 1 |
|
27 Jun 2018 |
| Venture Round | Unknown | 1 |
|
01 Jul 2014 |
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