Fibe has raised USD 35 million in a Series F funding round led by the International Finance Corporation (IFC), a member of the World Bank Group. The investment underscores strong investor confidence in the company’s approach to expanding affordable credit access for underserved middle-income households across India.
The fresh capital forms part of Fibe’s broader equity fundraising journey, bringing its total equity raised to more than USD 266 million since inception. Prior rounds included significant contributions from well-known investors such as TPG’s The Rise Fund, Norwest Venture Partners, Eight Roads Ventures, TR Capital, Piramal Finance Limited and Chiratae Ventures.
According to Fibe’s leadership, the Series F funding will be used to strengthen the balance sheet and support measured growth across its lending businesses, particularly in segments that address medical, educational and other essential expenditures. Company executives have emphasised their ongoing commitment to responsible credit governance and positive socio-economic outcomes as key pillars of future expansion.
Senior executives at IFC noted that the equity investment aligns with the organisation’s mission to deepen responsible financial inclusion in emerging markets. By expanding access to affordable, technology-enabled financial solutions, the partnership aims to help underserved individuals, including women and middle-income families, better manage healthcare costs, invest in education, and strengthen long-term financial resilience.
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The new funding round further cements Fibe’s position in the competitive Indian fintech landscape, where digital lenders are increasingly seen as key players in enhancing credit access and supporting financial inclusion. The IFC investment is viewed as a strategic endorsement of Fibe’s model and its potential to contribute meaningfully to India’s emerging digital finance ecosystem
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