Current Affairs - Finance - Discussion

Fibe received Third-Party Application Provider (TPAP) approval from the National Payments Corporation of India (NPCI) and launched UPI services on its application on 5th November 2026. The approval allows Fibe to facilitate UPI transactions in partnership with Payment Service Provider (PSP) banks. The service is available to all consumers across India, including individuals who are not existing borrowers of the platform. Users can link their bank accounts, use RuPay credit cards for transactions and connect eligible credit lines to UPI. Fibe was established in 2015 under the name EarlySalary and was rebranded in 2022. Its headquarters is in Pune, Maharashtra.