TL;DR
Fibe (formerly EarlySalary) has emerged as a beacon of sustainable fintech growth, reporting Rs 1,200 crore in revenue for FY25. More impressively, the company saw its net profit grow by 13%, proving that consumer lending can be both high-scale and highly profitable in the Indian market without burning through VC capital.
How did Fibe manage to grow profit in a competitive lending market?
Fibe’s success lies in its disciplined risk management and diversified product portfolio—ranging from instant salary advances to health and education loans. By leveraging AI-driven credit scoring that looks beyond traditional CIBIL scores, they’ve managed to keep defaults low while expanding their reach to young professionals. Their transition from a niche \"early salary\" app to a comprehensive consumer finance platform has clearly paid off.
Vichaarak Perspective: The Post-Burn Era
As someone who has seen Google's rigorous focus on unit economics, I find Fibe's journey inspiring. They represent the \"Era of Accountability\" in Indian startups. In 2021, growth was everything. In 2026, profit is king. Fibe’s ability to scale revenue while increasing profit margins is the gold standard for what I call \"Responsible Fintech.\" It’s a blueprint for startups looking to IPO with actual earnings rather than just potential.