Fintech startup Fibe raises $35 million from IFC in series F round

Fintech lender Fibe, backed by TPG, has secured $35 million from the International Finance Corporation (IFC) as part of its series F funding. With the capital, the startup aims to improve access to affordable credit for underserved middle-income households in India, it said on Tuesday.

ET had reported about this deal being in the works in August this year.

Formerly known as EarlySalary, the NBFC offers cash loans to meet personal expenses and impact-linked financing for medical treatments and education. In a statement, the startup said it has…