Fibe's NBFC entity, EarlySalary Services Pvt. Ltd. has raised INR 225 crore through Non-Convertible Debentures (NCD) issuance with a face value of INR 1,00,000/- each. The fund raise was completed in July 2025 and saw participation from multiple institutional investors including Franklin Templeton Alternative Investments Fund, India (Franklin Templeton AIF), which had subscribed INR 20 crore in the primary issuance.
The funds raised will further accelerate the company's innovation-led growth and strengthen its lending operations, addressing the credit demand from young, tech-savvy and salaried individuals.
"We have always remained focused on maintaining asset quality while working to diversify and institutionalize our funding sources. With the additional debt capital, we will continue to serve the credit needs of India's rising, digitally savvy population. The participation of institutional investors, especially Franklin Templeton AIF India, is not just a reflection of confidence in our long-term vision, but the digital lending sector as a whole. It will further support our growth journey and help us cater to a wider customer base," said Ashish Goyal, Whole-time Director, EarlySalary Services Pvt. Ltd.
Founded in 2015, Fibe which started with the Salary Advance segment, has expanded into multiple adjacent categories, to cater to the unmet needs of salaried professionals. It offers healthcare and education financing, solar rooftop financing, Loan Against Mutual Funds and assistance in digital FDs.
About Fibe
Fibe is one of India's leading consumer lending apps focused on young, aspirational, and tech-savvy Indian consumers. Fibe has grown multifold over the years and emerged as a market leader in providing financial assistance to young middle-income and underserved groups to support them fulfil their aspirations. It offers a range of financial products including impact loans for sectors like healthcare and education and solar rooftop financing. It also has launched digital FDs, Loan Against Mutual Funds as well as long-term personal loans. Fibe's financial solutions suite is focused on individuals who need credit that's transparent, responsive, and easy to manage digitally.
Due to its scalable business model, Fibe has recently been upgraded to A- by CARE Ratings and has access to debt lines from leading banks, NBFCs and wholesale debt markets. It has been certified with ISO/IEC 27001 for its Information Security Management System (ISMS). Fibe has disbursed more than 8 million+ loans worth Rs. 33,000 Cr+ since inception through its lending partners.
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