NEWS
A
Application Launch
The M Credit mobile loan application was introduced to the market in April 2023.
I
ISO 27001:2013 Certification
In September 2023, Solomon Investments NBFI implemented an Information Security Management System and secured international certification to ensure the privacy, accessibility, and integrity of user and partner data.
B
Buy Now, Pay Later (BNPL)
From November 2023, customers gained the option to purchase products in two to four installments without interest or advance payment.
F
Fintech License Approval
In November 2023, the company was officially registered with the Financial Regulatory Commission of Mongolia, authorizing it to provide fintech loan products.
M
M Shop Launch
In February 2024, M Credit expanded its services to include direct in-app shopping.
B
Bond Issuance
In May 2024, M Credit successfully issued its first closed-end corporate bond (M Bond Tranche-1), raising MNT 1.5 billion.
M
Magic Credit Card
Also in May 2024, Mongolia’s first collaborative private-sector “Magic Credit Card” was introduced, designed to reward loyal customers.
N
Nationwide Expansion
By May 2024, M Credit loans became available not only in Ulaanbaatar but also across all 21 provinces of Mongolia through electronic loan agreements.
I
ISO 27001:2022 Revalidation
In September 2024, the company successfully renewed its information security certification.
U
Unet Credit Partnership and System Integration
Since December 2024, Unet Credit NBFI has been offering digital loans through the M Credit application.
M
M Bond Tranche-2
In February 2025, M Credit raised MNT 1 billion through its second bond issuance.
S
Sutai Credit Partnership
In February 2025, Sutai Credit NBFI signed an agreement to join the M Credit ecosystem.
C
CEC Investment Partnership
In April 2025, CEC Investments NBFI entered into an agreement to collaborate with M Credit.
M
Magic Card via App
As of June 2025, customers can now directly apply for the Magic Credit Card through the M Credit app.
M
M Bond 2 Issuance
In June 2025, M Credit successfully launched its second bond series, securing MNT 5 billion, with Tranche 2.1 and 2.2 raising MNT 1.6 billion.
C
CEC Investment Integration
By mid-2025, CEC Investments NBFI officially joined the M Credit platform.
F
Fingate MN Partnership Agreement
In June 2025, Fingate MN NBFI signed an agreement to join the M Credit ecosystem.
F