 "Akshay Mehrotra, Co-founder & CEO, Fibe (previously EarlySalary), BFSI Summit")
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 achieve assets under management (AUM) of over Rs 20,000 crore ($2.5 billion) by 2025.
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
