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Fibe Secures $35M from IFC to Boost Access to Affordable Credit

Fibe Secures $35M from IFC to Boost Access to Affordable Credit

Non-bank lender Fibe raised $35 million from the International Finance Corporation to enhance its balance sheet and expand financial services. Founded in 2015, Fibe offers cash loans for urgent personal expenses. The funds will help strengthen responsible finance for underserved middle-income households, particularly benefiting women.

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