Neobanking firm Fi raises $17 mn in Series C funding round: Report

Bengaluru-based neobanking firm Fi has secured $15 million from Singapore's state-owned Temasek Holdings and $2 million from existing investor QCM Holdings in Series C funding round, as per regulatory filings. In June, the startup raised $45 million from Alpha Wave Global. The fundraise comes as digital lending apps grapple with RBI's lending rules which push for greater transparency.