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Fibegrows with $90 million series E Round
The Business Guardian
|June 07, 2024
India's leading fintech company, Fibe, has successfully raised USD 90 million in a Series E funding round led by TR Capital, Trifecta Capital, and Amara Partners.
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This funding round also saw participation from existing investors, including TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures, and Chiratae Ventures, encompassing both primary and secondary transactions.
Founded in 2015 by Akshay Mehrotra and Ashish Goyal, Fibe, previously known as EarlySalary, has established itself as a leader in the consumer lending segment. The company offers a diverse range of personal and impact loans, including healthcare loans, edtech loans, insurance financing, and school fee financing. Leveraging advanced lending technology and risk management systems, Fibe provides consumers with lower credit costs. Recently, Fibe launched India's first numberless co-branded credit card, marking a significant innovation in the financial sector.
Cette histoire est tirée de l'édition June 07, 2024 de The Business Guardian.
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