India Scores has upgraded the corporate’s long-term score to A- from BBB+ with a optimistic outlook, whereas CARE Scores has revised the corporate’s short-term score from A2 (Steady) to A2+.
The score improve recognised the improved liquidity, diversified funding sources, and well timed debt servicing, Fibe mentioned in a press release.
In the meantime, Acuite Scores & Analysis has assigned Fibe a long-term score of ‘A’ with a Steady outlook for the primary time, it added.
As per the assertion, Fibe caters to the rising aspirations of younger and tech-savvy Indians and continues to construct India’s most in depth digital-first shopper lending infrastructure centered on monetary inclusion, accessibility, and influence.
The corporate has expanded its footprint, having served over 37 lakh prospects until date with presence in 930 cities within the nation, it added