Fintech firm Fibe – the rebranded identity of the earlier lending platform EarlySalary – has secured USD 35 million in a Series F funding round led by the IFC, the investment arm of the World Bank Group.
With this latest round, Fibe’s total equity funding surpasses USD 266 million (including prior rounds and secondary transactions), reinforcing its position as one of India’s largest and most well-funded fintech lending platforms.
Why the Investment Matters
Fibe says that the fresh capital will be channelled into expanding its product offerings – especially affordable, accessible credit for underserved middle-income households – and strengthening its financial backing. It aims to deliver “impact-led financial solutions” across loans for personal use, healthcare, education, and essential expenses.
To date, Fibe has already disbursed well over 9 million loans nationwide, backed by a wide distribution network and robust risk infrastructure. The company has also expanded its footprint to 940+ cities, establishing more than 8,500 partner centres and over 50 channel partners – making it one of India’s broadest-reaching digital lenders.
What’s Next: Broadening the Financial Suite
Fibe started in 2015 focused on salary advances and short-term loans under the EarlySalary brand. Over time, it has evolved into a full-stack fintech services provider offering long-term personal loans, loans against mutual funds, digital fixed deposits, impact-linked financing (e.g. for healthcare or education), and aims to eventually cover savings, investments, and payments as well.
This funding comes at a time when Fibe is preparing for potential public listing: the firm is reportedly in talks to raise ₹1,000–1,500 crore via IPO by mid-2026, eyeing unicorn status.
Fibe’s Vision: Financial Inclusion Through Digital Innovation
According to CEO and Co-Founder Akshay Mehrotra, the capital injection strengthens Fibe’s ability to deliver a unified, tech-driven financial experience across borrowing, saving, investing and payments – while maintaining disciplined credit governance and inclusive financing principles.
With backing from global institutional investors, a deepening product suite, and a vast distribution reach, Fibe is poised to deepen its impact on India’s middle-income households – offering accessible credit options and supporting financial needs ranging from everyday expenses to life-changing events like healthcare and education.
