Business Standard

Friday, January 10, 2025 | 09:04 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Fibe crosses Rs 10,000 cr in loan disbursals, aims to double AUM every year

Launches upgraded app with conversational user interface as firm turns seven

Akshay Mehrotra, Co-founder & CEO, Fibe (previously EarlySalary), BFSI Summit
Premium

Akshay Mehrotra, Co-founder & CEO, Fibe (previously EarlySalary)

Aryaman Gupta New Delhi
“India’s largest consumer lending app, Fibe, formerly called EarlySalary, has disbursed four million loans worth Rs 10,000 crore to date. The firm aims to double its assets under management (AUM) each year going forward.

As it marked its seventh anniversary on Wednesday, Fibe launched its 3.0 app version featuring a conversational user interface (UI), besides personalised and cross-selling capabilities. With the upgraded app, the brand aims to offer a simplified and immersive experience to new and existing users.

“Today, our app has started getting 1 million new customers a month,” Fibe Co-founder and CEO Akshay Mehrotra told Business Standard. “We are

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in