Yubi Targets 2028 IPO, Intensifies Global Expansion Efforts
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Yubi Eyes IPO by 2028, Accelerates Global Expansion
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Moneycontrol•20-03-2026, 15:41
Yubi Eyes IPO by 2028, Accelerates Global Expansion
•Fintech infrastructure startup Yubi plans an IPO within 24 months after achieving profitability, targeting March 2027 for this milestone.
•The company projects FY25 revenue of Rs 705 crore with a Rs 60 crore loss, operating at high gross margins of nearly 75 percent.
•Yubi is expanding aggressively in West Asia, powering 29 banks across UAE, Saudi Arabia, and Egypt with digital lending and AI infrastructure.
•It recently entered the US market and is building presence in South/Southeast Asia, aiming for 25% of revenue from international markets.
•Yubi also developed a "Wealth OS" for fixed-income products, benefiting from regulatory changes and catering to retail investors through its B2C app, Aspero.