Fibe’s latest NCD issuance reflects a strong interest from institutional investors in India’s fast-growing Fintech and lending ecosystem.
FinTech BizNews Service
Mumbai, 29 July 2025: Fibe’s NBFC entity, EarlySalary Services Pvt. Ltd. today announced that it has successfully concluded its latest Non-Convertible Debentures (NCD) issuance. The issuance saw Franklin Templeton Alternative Investments Fund, India (Franklin Templeton AIF) coming on board as the primary subscriber. 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.
Industry analysts point to a growing convergence between fintech platforms and traditional capital markets, as digital lenders seek more stable and scalable funding channels. Aligned with this broader trend, Fibe’s latest NCD issuance reflects a strong interest from institutional investors in India’s fast-growing Fintech and lending ecosystem. Fibe’s consistent growth, high operational efficiency and robust risk management practices have further bolstered investor confidence. This milestone follows Fibe’s philosophy to tap diversified sources of capital to build a robust liability franchise.
Mr. Ashish Goyal, Director at EarlySalary Services Pvt. Ltd said, “The participation of Franklin Templeton AIF India is not just a vote of confidence in our long-term vision, but the digital lending sector as a whole. We have always remained focused on maintaining strong asset quality while working to diversify and institutionalize our funding sources. With the new capital, we will continue to serve the flexible credit needs of India’s rising, digitally savvy population. Institutional partnerships such as these will further support our growth journey and help us cater to a wider customer base.”
Mr. Santosh Kamath, President & CIO, Franklin Templeton Alternative Investments said, “Fibe has been able to scale up the business well, supported by timely equity infusion in the business. We are pleased to partner with Fibe as they move forward in their growth journey. The company has demonstrated a clear vision, and we believe this partnership positions them well for continued growth.”
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 digital FDs.
