Fairbanc
9 known investors
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.
ConsumerFintech
Founders & leadership
MH
Mir HaqueinFounder
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 LabreportedWashington
East VenturesreportedSingapore · $560K – $38M
Also in the syndicate · 1
Pegadaian
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.
- 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.