Fibe Wins Best Fintech Startup Award at the G20DIA Mega Summit 2023

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Fibe Wins Best Fintech Startup Award at the G20-DIA Mega Summit 2023

  • Wednesday, September 6, 2023 2:14PM IST (8:44AM GMT)
Fibe's Innovation and a Visionary Approach Receive Global Recognition at the G20-DIA Mega Summit
 
Pune, Maharashtra, India:  Fibe (formerly EarlySalary), which is India's leading consumer lending app has received an incredible milestone by winning first place in the category of Best Startup in Fintech at G20-DIA Mega Summit 2023. This high-profile international summit, conducted under the leadership of the G20 Digital Innovation Alliance (G20-DIA), encourages collaboration, innovation, and policy debates to address significant concerns in the digital age.

The Ministry of Electronics and Information Technology (MeitY) and its startup hub organized the G20 Digital Innovation Alliance Summit in Bengaluru to encourage and recognise digital innovators' global economic concerns. Delegates from the G20 countries gathered with representatives from 9 guest countries and 174 startups including policymakers, business leaders, young innovators and investors. These start-ups received mentorship, workshops, investor engagement, and presentations at the grand summit.
 
Fibe's innovative solutions, which use technology to offer secure and easy financial experiences, have transformed the fintech sector. It has also changed traditional financial assumptions with an ongoing dedication to innovation, opening new ways for effectiveness, accessibility, and inclusivity. Fibe's success at the G20-DIA Mega Summit 2023 shows its commitment to bringing about actual change in the finance sector.

On this prestigious achievement, Akshay Mehrotra, Co-Founder and CEO of Fibe said, "Being recognised as the Best Fintech Startup is a powerful testament to our team's unwavering dedication to transforming the future of finance through innovative technology. This prestigious award fuels our pride and fires an even deeper desire within us to continue pushing boundaries while creating genuine change. Our solid dedication to reshaping the financial sector and empowering individuals worldwide through groundbreaking technologies remains constant as we move forward."

Adding to this Ashish Goyal, Co-Founder and CFO of Fibe said, "Our team's unwavering goal of reinventing the future of finance is demonstrated by being named the top fintech company at the G20-DIA Summit. For everyone at Fibe, it is a time of great pride. We are pleased to be at the vanguard of change, promoting economic growth, and reshaping the world's financial ecosystems with a vision to empower people and businesses through cutting-edge solutions."


About Fibe

Fibe (previously EarlySalary) is one of India’s leading consumer lending apps focused on young, aspirational, and tech-savvy Indian consumers. It is building a financial ecosystem that enables the mid-income group to fulfil their aspirations. It is an industry leader in the salary advance segment with the fastest processing time. It has launched a host of financial products like Cash Loans, long-term Personal Loans, and Buy Now Pay Later plans. It offers a 100% digital loan application process that takes just seconds to complete. Fibe has grown multifold over the years and emerged as a market leader in providing financial assistance to young middle-income groups in India. Fibe recently has been assigned a BBB+ rating by CARE Ratings and has been certified with ISO/IEC 2001 for its Information Security Management System (ISMS). The company has already disbursed more than 5.5 million loans worth Rs. 15,000 Cr.
 
  • 1st Prize: Best Startup in Fintech by G20-DIA Mega Summit 2023
  • Featured in Economic Times Best Brand Award at the Best Brands Conclave 2022
  • Winner of the BFSI Leadership Award at the 5th NBFC100 Tech Summit
  • Winner of Young Indians Delhi Youth Conclave Award
  • Dream Company to Work for in Fintech by HRM Asia Pacific Congress

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