Fibe (Series E)

Funding Details
Awarder
Inbox
Date Award
June 06, 2024
Vertical
Fintech
Funding URL
View Funding Page

Company Info
Founding Year
2015
Traction
Fibe has positively transformed the lives of over 25 million customers, significantly expanding its presence from 18 to 350 cities. Its mission to provide reliable credit solutions to Bharat has empowered countless individuals. It has disbursed more than 6 million loans worth ₹20,000 crores+ since inception.
Founders
Akshay Mehrotra, Ashish Goyal
Company Description
Fibe (previously EarlySalary) is one of India's leading consumer lending apps focused on young, aspirational, and tech-savvy Indian consumers. It is building a financial ecosystem that enables the mid-income group to fulfil their aspirations. It has launched a host of financial products like Cash Loans, long-term Personal Loans and Buy Now Pay Later plans. It offers a 100% digital loan application process that takes just seconds to complete.
Market
Consumer lending
Location
Mumbai, India
Coinvestors
TR Capital, Trifecta Capital, Amara Partners, TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures, Chiratae Ventures

Links
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