Fairbanc
9 known investors
Find your way into Fairbanc
1,173 people in our graph share verified history with the Fairbanc team — schools, employers, funds. One of them is your warm intro.
Rebecca Jamesunlockedknows Mir Haque · together at The Wharton School (overlapped)
×3knows the team · via McKinsey & Company
knows the team · via Google
×3knows the team · via University of Pennsylvania
knows the team · via Deutsche Bank
×2knows the team · via Life Technologies
Fairbanc runs a mobile lending and payments service that extends credit lines without requiring collateral or a prior credit file. It underwrites applicants using digital signals such as records of purchases from major suppliers and data from the borrower's phone, and is aimed at small and mid-sized businesses that need financing to stock inventory from participating suppliers.
Founders & leadership
MH
Mir HaqueinFounderMir Haque is a Wharton MBA who previously held strategy and analytical roles at McKinsey & Company, Deutsche Bank, Google, Adobe, and realtor.com. He founded Fairbanc, a mobile lending and payments platform that extends credit to small and mid-sized businesses in emerging markets using digital underwriting signals rather than collateral or credit history.
KO
Kevin OBrien
Investors · 9
500 GlobalSan Francisco · $150K
AccionWashington, D.C. · $1M
ADB VenturesMandaluyong · $13M – $820M
Oak Drive venturesTaguig
The MBA Fund
Vertex Ventures Sea Management Pte. Ltd.Singapore · $2.2M – $40M
Accion Venture Labreported · 2 sourcesWashington
East Venturesreported · 2 sourcesSingapore · $560K – $38M
Also in the syndicate · 1
Pegadaian
Funding
SEC filings, press & company announcements- Undisclosed amountpre-Series AJun 2021
Accion Venture Lab, ADB Ventures, East Ventures
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Fairbanc do?
- Fairbanc runs a mobile lending and payments service that extends credit lines without requiring collateral or a prior credit file. It underwrites applicants using digital signals such as records of purchases from major suppliers and data from the borrower's phone, and is aimed at small and mid-sized businesses that need financing to stock inventory from participating suppliers.
- Who founded Fairbanc?
- Fairbanc was founded by Mir Haque, Kevin OBrien.
- Who are Fairbanc's investors?
- Fairbanc's investors include 500 Global, Accion, ADB Ventures, Oak Drive ventures, The MBA Fund, Vertex Ventures Sea Management Pte. Ltd., Accion Venture Lab, East Ventures.