Fibe raises $35 mn from IFC to boost responsible digital lending

Fibe, led by founders Akshay Mehrotra and Ashish Goyal, has secured $35 million from the World Bank’s IFC to strengthen its balance sheet and scale impact-led digital lending. The funding will help expand products across credit, savings and payments while deepening access for underserved and women borrowers. IFC’s investment reinforces responsible fintech growth in India.