Fibe Secures $35 Million Funding to Enhance Lending and Investment Products

Consumer lending firm Fibe has secured $35 million in Series F funding led by IFC. Fibe plans to use the capital to expand its product offerings across borrowing, saving, investing, and payments. Fibe’s revenue surged 2X to Rs 812 crore, while profits spiked 18X to Rs 101 crore in FY24.