"FUNDME" Money Market Set to Launch at the Hurungutun Closed-Circle Investors Forum

Featured

|

Post Image

Operating under the supervision of the Financial Regulatory Committee of Mongolia, "FUNDME" serves as the general organizer for this year's Hurungutun forum.

We are excited to announce that the "FUNDME" money market is set to launch at the Hurungutun Closed-Circle Investors Forum, where 300 high-net-worth investors will engage in capital allocation for various projects presented on August 16, 2024. Operating under the supervision of the Financial Regulatory Committee of Mongolia, "FUNDME" serves as the general organizer for this year's Hurungutun forum.

The "FUNDME" money market provides businesses with the opportunity to optimize their cash flow by utilizing funds placed in commercial bank accounts for high yields. Simultaneously, it empowers company management and accountants to access short-term funding at lower interest rates.

This launch signifies a significant step forward for Mongolia, introducing a technology-driven money market designed to effectively meet the financial needs of companies, enhancing the overall development of the financial market. During the Hurungutun forum, a comprehensive macroeconomic overview, capital market outlook, and six strategic projects will be presented in collaboration with Mongolia's Securities Dealers Association. The Hurungutun platform represents a united effort to promote projects that support Mongolia's economic sovereignty, engaging economists, scholars, and professional associations in this vital initiative.

For more information, please visit www.fundme.mn.