About Fable Fintech
Fable Fintech is a company based in Mumbai (India) founded in 1999 by Naushad Contractor and Hershel Asmani. Fable Fintech has raised $14.52 million across 8 funding rounds from investors including Paytm, ICICI Bank and Infibeam Avenues. The company has 203 employees as of April 08, 2024. Fable Fintech offers products and services including Fable Processing Suite, Fable Growth Suite, Inward Wire Solution, Fable Management Suite, and Fable API Hub. Fable Fintech operates in a competitive market with competitors including Wallex, TransferMate, Payall, Keeta and Balad, among others.
- Headquarter Mumbai, India
- Employees 203 as on 08 Apr, 2024
- Founders Naushad Contractor, Hershel Asmani
- Stage Minicorn
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Fable Fintech Private Limited
- Date of Incorporation 27 Dec, 1999
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$1.39 M (USD)-3.49as on Mar 31, 2023
-
Net Profit
-$2.84 M (USD)-8.45as on Mar 31, 2023
-
EBITDA
-$2.58 M (USD)-8.95as on Mar 31, 2023
-
Total Equity Funding
$14.52 M (USD)
in 8 rounds
-
Latest Funding Round
$2.97 M (USD), Series B
Oct 25, 2024
-
Investors
Paytm
& 30 more
-
Employee Count
203
as on Apr 08, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Fable Fintech
Fable Fintech offers a comprehensive portfolio of products and services, including Fable Processing Suite, Fable Growth Suite, Inward Wire Solution, Fable Management Suite, and Fable API Hub.
Manages inward and outward remittance operations for financial institutions securely.
Enables launching branded cross-border payment services with rapid go-to-market features.
Handles end-to-end inward wire transfers with compliance and fraud prevention.
Supports treasury operations for cross-border transactions and partner integrations.
Provides pre-integrated APIs for payment ecosystems and regulatory technologies.
People of Fable Fintech
Unlock access to complete
Funding Insights of Fable Fintech
Fable Fintech has successfully raised a total of $14.52M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $2.97 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Fable Fintech
Fable Fintech has secured backing from 31 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Paytm, ICICI Bank and Infibeam Avenues.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Technology investment firm focusing on early-growth stages and software businesses in India.
|
Locked | Locked | Locked | |
|
Investing in seed-stage B2B SaaS companies with a focus on digital transformation and emerging tech in India.
|
Locked | Locked | Locked | |
|
Sector-agnostic acceleration is provided to startups by Alacrity.
|
Locked | Locked | Locked |
Investor details for Fable Fintech
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Fable Fintech
Investment portfolio details for Fable Fintech
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Fable Fintech
Detailed financials for Fable Fintech
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Fable Fintech Comparisons
Peer comparison for Fable Fintech
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Fable Fintech
Fable Fintech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wallex, TransferMate, Payall, Keeta and Balad, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cross-border payments acceptance and management solution for businesses
|
|
| Locked | Locked | Locked |
International B2B payments and receivables are processed globally.
|
|
| Locked | Locked | Locked |
Cross-border remittance solutions for banks are developed and provided.
|
|
| Locked | Locked | Locked |
Cross-border monetary transactions are enabled via global payment integration.
|
|
| Locked | Locked | Locked |
Cross-border payments are facilitated via API across multiple channels.
|
Detailed competitors of Fable Fintech
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Fable Fintech
Complete news archive for Fable Fintech
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fable Fintech
Fable Fintech was founded in 1999 and raised its 1st funding round 13 years after it was founded.
Fable Fintech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Naushad Contractor is the current CEO of Fable Fintech. They have also founded this company.
Fable Fintech is a funded company, having raised a total of $14.52M across 8 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Fable Fintech is 203.
Annual revenue of Fable Fintech is $1.39M as on Mar 31, 2023.
Fable Fintech was founded in 1999 in Mumbai, India, and operates in the fintech sector. A SaaS platform is offered to banks, financial institutions, and SMEs for international remittances. Multi-country and multi-currency services are facilitated through omnichannel products that comply with KYC and AML regulations. Cross-border payments are enabled for businesses seeking efficient global transactions.
Fable Fintech's top competitors include Wallex, TransferMate and Payall.
Fable Fintech offers Fable Processing Suite, Fable Growth Suite, Inward Wire Solution, Fable Management Suite, and Fable API Hub.
Fable Fintech has 31 investors. Key investors include Paytm, ICICI Bank, Infibeam Avenues, One97 Communications, and Muthoot Fincorp.
The valuation of Fable Fintech is $29.06M as of Oct 2024.