For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251104:nRSD0936Ga&default-theme=true
RNS Number : 0936G ICFG Limited 04 November 2025
4 November 2025
ICFG LIMITED
("ICFG", the "Company" or together with its subsidiaries, the "Group")
Loan Facility Announcement
ICFG Limited (LON: ICFG), the international financial services group, is
pleased to announce that it has entered into a financing facility with
Alternative Investments VCC, acting on behalf of Helicap Income Opportunities
Fund ("Helicap") (together the "Lenders").
Under the terms of the facility, ICFG Limited and its subsidiary Pocket NBFI
LLC ("Pocket NBFI") will act as borrowers, with ICFG PTE. Ltd. serving as
guarantor. The facility provides for a loan amount of up to US$25 million,
with an initial disbursement of US$11 million, allocated as US$9.5 million to
Pocket NBFI and US$1.5 million to ICFG Limited.
Helicap is an award-winning FinTech investment management firm specialising in
the alternative lending sector across APAC. Helicap's mission is to address
the region's estimated US$>500 billion credit gap by facilitating lending
capital to productive yet underbanked small and medium enterprises (SMEs) and
individuals.
The partnership aligns closely with ICFG's mission to expand financial access
for underbanked and unbanked populations, while promoting the growth of micro,
small and medium enterprises across emerging markets. This facility represents
a significant milestone in ICFG's strategic expansion and lending activities
in Mongolia. The Company expects to announce further updates as additional
tranches of the facility are agreed and disbursed.
Pocket NBFI operates Pocket, a proprietary fintech application developed by
the Company, currently serving over 875,000 registered customers. The Pocket
platform functions as a financial marketplace that connects customers with
multiple financial service providers, enhancing financial inclusion through
digital innovation.
Commenting Enkhmaral Batkhuyag, Interim CEO of ICFG, said: "We are delighted
to partner with Helicap to further our mission of advancing financial
inclusion across emerging markets. This facility will enable us to scale our
lending operations in Mongolia and strengthen our digital financial
ecosystem."
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018, as amended by virtue of the Market
Abuse (Amendment) (EU Exit) Regulations 2019.
For further information, please contact:
ICFG Limited
Via IFC
Enkhmaral Batkhuyag, Interim CEO
Strand Hanson Limited (Financial Adviser)
Rory Murphy / Abigail Wennington / David Asquith
+44 (0) 207 409 3494
Novum Securities (Broker)
Jon Bellis / Colin Rowbury
+44 (0) 207 399 9400
IFC Advisory Limited (Financial PR and IR)
Tim Metcalfe / Zach Cohen
+44 (0) 203 934 6630
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCUPGGAGUPAURC
Copyright 2019 Regulatory News Service, all rights reserved