Lending Tech Startup Fibe Raises $90 Mn To Diversify Its Loan Portfolio

Lending Tech Startup Fibe Raises $90 Mn To Diversify Its Loan Portfolio

SUMMARY

The Series E funding round was led by TR Capital, Trifecta Capital and Amara Partner

The funding round, which was a mix of primary and secondary transactions, saw participation from existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures

Fibe said it would use the capital for business expansion and to diversify its impact loans portfolio with more tailor-made products

Lending tech startup Fibe (formerly EarlySalary) has bagged $90 Mn (about INR 750 Cr) in its Series E funding round led by TR Capital, Trifecta Capital and Amara Partner. 

The funding round, which was a mix of primary and secondary transactions, also saw participation from existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures. 

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