Xac Bank Funding: $236M Raised, Investors & Rounds

Xac Bank is based in Ulaanbaatar, Mongolia. It has raised $236M in total funding. Backed by FMO, ADB, DEG.

Xac Bank funding overview

Xac Bank is based in Ulaanbaatar, Mongolia. Xac Bank has raised $236M in total disclosed funding. That places its disclosed total in the $100M–$250M range. The round record for Xac Bank runs through 2024; nothing later has been disclosed. Investors on record include FMO, ADB, DEG, EBRD, Proparco, responsAbility and 4 others. 10 distinct backers are named across the disclosed rounds.

Xac Bank at a glance

Total raised
$236M
Latest round date
January 2024
Headquarters
Ulaanbaatar, Mongolia
Notable investors
FMO, ADB, DEG, EBRD, Proparco, responsAbility, Finnfund, TripleJump

Frequently asked about Xac Bank funding

How much has Xac Bank raised?
Xac Bank has raised $236M in total disclosed funding across the rounds on record.
Who has invested in Xac Bank?
FMO, ADB, DEG, EBRD, Proparco, responsAbility are named among the investors backing Xac Bank.
What was the latest Xac Bank funding round?
No round stage has been disclosed for Xac Bank.
Where is Xac Bank based?
Xac Bank is based in Ulaanbaatar, Mongolia.
When did Xac Bank last raise?
The last disclosed Xac Bank round closed in January 2024.

Every Xac Bank figure above comes from filings and announced rounds in the StartupFundraising company database and is revised as new rounds are recorded. The lists below compare companies in Ulaanbaatar at a similar stage.

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