LaunchFinancial Services
Fibe launches UPI payments after NPCI approval
By Abha Lohia · Editor ·
Fibe: revenue and funding and every story →
- Fibe is a digital lending platform that also sells credit cards, fixed deposits and loans for healthcare, education and rooftop solar
- It started UPI services on its app after getting approval to act as a third-party application provider
- Payments work from bank accounts, RuPay credit cards and approved credit lines, and users need not already be Fibe borrowers
What happened
- Fibe launched UPI payments in its app.
- NPCI approved it as a TPAP.
- Open to non-customers across India.
Why it matters
- Payments are central to everyday finance, said Akshay Mehrotra.
The business
- Loans, credit cards, fixed deposits and loans against mutual funds.
The founders
Words to know
- TPAP
- third-party application provider, an app allowed to offer UPI
The numbers around it
Fibe has 1 funding rounds in StopDown's archive, $293.27M raised in all.
| When | Round | Amount | Led by |
|---|---|---|---|
| 1 September 2026 | growth | ₹750 Cr |
Financial Services in November 2026: 4 rounds with a disclosed amount, $166 million in all; the biggest was OnEMI (₹832 Cr). Every sector this year →
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Everything on Fibe → · All startup news on 2 November 2026 →
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