Fairbanc: Funding, Investors & Team (Oct 2026)
Fairbanc is an AI-driven mobile loan and payments platform designed for small to medium businesses in developing markets. The platform does not require collateral or credit history, instead utilizing digital footprints such as transaction history and mobile phone data to provide instant digital credit lines for purchasing inventory from selected suppliers. Fairbanc's innovative system benefits both retailers and suppliers, offering increased sales, improved payment processes, and the opportunity to establish a credit history.
Fairbanc has raised $27.7M across 4 funding rounds on record, the most recent an undisclosed round of $3.1M announced in Dec 2024.
That round is below the $3.7M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
Fairbanc Company Profile and Key Stats
Latest funding round on record: Dec 2024.
Fairbanc Funding Rounds
Fairbanc raised $4.8M in a Seed announced in Jul 2022.
2 months later, a Debt Financing of $6.5M was announced in Sep 2022.
1.5 years later, an undisclosed round of $13.3M was announced in Mar 2024.
9 months later, an undisclosed round of $3.1M was announced in Dec 2024.
Fairbanc Founders and Leadership Team
Contact details for the Fairbanc team: 1 of 1 has an email address on file.
Start 14-day free trial →Fairbanc Funding Compared to Other Commerce and Shopping Startups
Fairbanc's latest round of $3.1M is below the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Fairbanc in Commerce and Shopping and San Francisco
Companies Similar to Fairbanc
Santé provides liquor stores with custom inventory management, e-commerce, and industry-specific tools.
GLORIAH objective is to build a brand that would serve women through all stages.
Poppy Flowers is the exclusive online platform for purchasing comprehensive wedding floral services. Through…
Mainstay uses a platform for market intelligence and transactions to discover potential single-family rental…
pocstock is a media platform that aims to promote diversity, equity, inclusion, and belonging by showcasing…
Energy Domain is a platform that offers market analysis, an innovative auction system, and promotional…
ANKAA is an international beauty technology platform designed for PMU professionals, providing education,…
Rally gives ecommerce merchants the freedom to build a checkout experience that reflects their brand. We are…
Founded in 2012, ChargeItSpot® products have revolutionized the world of mobile device management, charging,…
KidzToPros is a company that offers and connects students with extracurricular activities outside of regular…
Locus Robotics manufactures autonomous, mobile robots to support e-commerce for retailers and warehouse…
goodbuy they provide a better shopping service.
Fairbanc Funding FAQs
What does Fairbanc do?
Fairbanc is an AI-driven mobile loan and payments platform designed for small to medium businesses in developing markets. The platform does not require collateral or credit history, instead utilizing digital footprints such as transaction history and mobile phone data to provide instant digital credit lines for purchasing inventory from selected suppliers. Fairbanc's innovative system benefits both retailers and suppliers, offering increased sales, improved payment processes, and the opportunity to establish a credit history.
How much funding has Fairbanc raised?
Fairbanc has raised $27.7M across 4 rounds on record. The most recent is an undisclosed round of $3.1M announced in Dec 2024.
When did Fairbanc last raise funding?
Fairbanc's most recent funding round on record is an undisclosed round of $3.1M, announced in Dec 2024.
Who founded Fairbanc?
FundedIQ lists Mir Haque (Founder) at Fairbanc.
Where is Fairbanc headquartered?
Fairbanc is based in San Francisco, California, United States.
How many employees does Fairbanc have?
Fairbanc is in the 11-50 employee band.
How does Fairbanc's funding compare to other Commerce and Shopping startups?
Fairbanc's latest round of $3.1M is below the $3.7M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's Fairbanc Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Fairbanc is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Startup funding intelligence on every funded startup: the round, the investors and the founders, as a file in your inbox or searchable in the app.
Radar from $49/mo · Pro from $149/mo. Card required, nothing charged until day 15, and we email you 3 days before that. Need something specific? Custom plans from $499/mo.