Fi Money
Bengaluru, IN · Founded 2019 · 1,707 employees on LinkedIn · 9 known investors
Fi is a money management and banking app offering accounts and a rewards points program for consumers, operated in partnership with Federal Bank. The page indicates the app is being wound down, with reward points accrual and redemption ending in early 2026.
Founders & leadership
Fi Money was founded in 2019 by Sujith Narayanan and Sumit Gwalani.
Investors · 9
Alpha Wave GlobalMiami
.jpeg){kind=logo}
B Capital GroupManhattan Beach · $10M – $50M
B4 Capital$10M – $50M
RainmatterBengaluru · $60K – $12M
B CapitalreportedGeneva
QCM Holdingsreported · 2 sourcesSeattle
Ribbit CapitalreportedPalo Alto · $100K – $15M
Sequoia CapitalreportedMenlo Park · $4.4M – $214M
Also in the syndicate · 1
Temasek Holdings
Funding
SEC filings, press & company announcements- Undisclosed amountSeries CAug 2022
Alpha Wave Global, B Capital, QCM Holdings, Ribbit Capital, Sequoia Capital, Temasek Holdings
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Fi Money do?
- Fi is a money management and banking app offering accounts and a rewards points program for consumers, operated in partnership with Federal Bank. The page indicates the app is being wound down, with reward points accrual and redemption ending in early 2026.
- Who founded Fi Money?
- Fi Money was founded by Sujith Narayanan, Sumit Gwalani in 2019.
- Who are Fi Money's investors?
- Fi Money's investors include Alpha Wave Global, B Capital Group, B4 Capital, Rainmatter, B Capital, QCM Holdings, Ribbit Capital, Sequoia Capital.
- Where is Fi Money headquartered?
- Fi Money is headquartered in Bengaluru, IN.