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3 Latest Announced Rounds

$1,325.73M Raised in 74 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Fairbanc

start up
United States - San Francisco, California
  • 22/07/2022
  • Series A
  • $4,800,000

Fairbanc is the first scalable, AI-powered mobile working capital credit and payments platform for the emerging market micro and small businesses.


Related People

Mir HaqueFounder

Mir Haque United States - San Francisco, California,

Mir Haque is a Financial Inclusion evangelist for the unbanked and the founder of Fairbanc, the first scalable, AI-powered mobile loan and payments platform for emerging market small- medium enterprises (SMEs) that requires no collateral, credit history, smartphone ownership nor any digital or financial literacy. Fairbanc was selected as a finalist for the UN Digital Finance Award, TechStars, and innovation festival, Innovfest, in Singapore. Fairbanc is currently in the process of extending digital credit to thousands of micro-merchants in partnership with multinational FMCG brands like Unilever.

Mir, a native of Bangladesh who came to the US all alone as a teenager with virtually no money, fully self-financed his education through a series of odd jobs like driving a graveyard shift NYC Yellow Taxi and working as a construction worker. Once temporarily homeless himself, Mir is now a recognized champion for the unbanked and a thought leader in the Digital Financial Inclusion space.

Under the banner of Aphaea Capital, Mir leads a global advocacy for the unbanked. Mir recently organized forums to discuss Financial Inclusion of the world's unbanked with President Vicente Fox of Mexico , Permanent Secretary of Kenya in Nairobi, and with His Excellency Minister Jabbar in Bangladesh. Mir’s team also met with the newly elected Vice President of Indonesia and formed partnership with the largest Islamic Social organization Nahdlatul Ulama to offer Sharia compliant digital finance to its 100M members.

Mir, a Wharton MBA, has previously worked for McKinsey & Company, Deutsche Bank, Google and Adobe, and has recently led corporate strategy for realtor.com

Mir also writes for popular sites like Venture Beat, Knowledge@Wharton, Inman, etc. Mir is currently dedicating most of his time building a mobile lending ecosystem in Southeast Asia. .