Fibe reports a 63.31% rise in assets under management to ₹8,603 crore as it gears up for its IPO, highlighting its shift towards broader consumer finance segments and innovative credit monitoring tools.
Fibe, the digital lending platform preparing for a stock market debut, said its assets under management rose 63.31% year on year to ₹8,603 crore as of March 31, 2026, underscoring the scale of its recent expansion. The figure marks a sharp rise from ₹4,064 crore two years earlier and ₹5,268 crore a year later, according to the company’s draft papers and a separate report on its filing.
The growth has been driven mainly by personal loans, which accounted for ₹6,657 crore, or 77%, of the total book. The rest came from purpose-driven financing, a lending line that Fibe uses for categories including education, healthcare, insurance, travel, e-commerce and rooftop solar, according to the draft filing. Moneycontrol reported that this segment now makes up about 40% of the balance sheet, reflecting the company’s effort to broaden beyond pure consumer credit.
Social Worth Technologies, which operates under the Fibe brand, filed its draft prospectus with India’s markets regulator in June for an initial public offering that combines a fresh issue of shares worth up to ₹750 crore with an offer for sale of more than 4 crore shares by existing investors, Business Standard reported. The company plans to channel much of the fresh capital into its material subsidiary, EarlySalary Private Limited, or ESPL, to strengthen the lending base and support onward loans, while also setting aside funds for general corporate purposes.
The IPO comes as Fibe is trying to position itself as a broader consumer finance platform rather than a lender centred only on short-term personal credit. LiveMint reported that the company recently launched Credit AI Radar, an artificial intelligence tool designed to help users monitor and improve their credit health. Separately, reports on the company’s FY26 performance said revenue rose 31% to ₹1,585 crore and net profit more than doubled to ₹257 crore, suggesting the business entered the public markets process with stronger earnings momentum.
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