Fintech firm Fibe raises $90 mn in funding round led by TR Capital

Fintech firm Fibe on Wednesday said it has raised $90 million in a funding round led by TR Capital, Trifecta Capital and Amara Partners.

Fibe’s existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the funding round, including primary and secondary transactions.

Founded in 2015 by Akshay Mehrotra and Ashish Goyal, Fibe facilitates consumer finances like healthcare loans, edtech loans, insurance financing, and school fee financing, among others.