Fi is a neobanking platform designed for working professionals to help them save, invest and grow their money.
Basic Information
Bengaluru-based Fi (pronunciation rhymes with Sky) was founded by Sujith Narayanan and Sumit Gwalani. The startup partners with RBI-licensed banks to provide users with a savings account that can be opened entirely on their phones in 3 minutes!
The idea behind Fi is to help users better understand how they spend their money and guide them toward making good-quality investments. At this point, Fi offers a savings account along with options to save and invest money.
The startup has raised $78 million collectively from investors such as Ribbit Capital, B Capital, and Sequoia, to name a few. Fi currently employs close to 200 people and is valued at $400 million.
Legal Name
:
epiFi technologies pvt. ltd.
Headquarters
:
Bengaluru, Karnataka, India
Business Model
:
Founding Date
:
2019
No. of Employees
:
151 to 250
Core Team
:
1.
Sumit Gwalani
Co-Founder
2.
Sujith Narayanan
Co-Founder
Funding
Total Funding
$75.2M
Investors
:
1.
Sequoia Capital
2.
B Capital Group
3.
Ribbit Capital
Round 1
$17M
Series Name
:
SERIES-C
Date
:
12th Aug 2022
Investors
:
1.
Temasek Holdings
2.
QCM Holdings
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