Flashpoint has provided Fintech Farm with a $15 million growth debt facility to scale digital banks in India and Vietnam.
Flashpoint said the facility will be deployed directly into Fintech Farm's India and Vietnam projects. Fintech Farm, the UK-based group, partners with local financial institutions to build and operate digital consumer banks.
The company already operates in India and Vietnam, as well as Azerbaijan, Uzbekistan, Kyrgyzstan and Morocco. Flashpoint said Fintech Farm has 3.5 million customers and a loan book of more than $200 million.
In Vietnam, Fintech Farm launched Liobank with Orient Commercial Joint Stock Bank. Fintech Farm said Liobank reached 1 million customers in February 2026. In India it launched Roarbank, a credit-led digital bank, with Unity Small Finance Bank and said a pre-launch list drew more than 100,000 sign-ups in April 2025.
Flashpoint said Fintech Farm has raised $75 million to date from investors including Flyer One Ventures, Redseed, TA Ventures and Nordstar. In May 2024 the company raised $32 million through a Series B led by Nordstar and an extension led by Bank of Georgia, after a $7.4 million round in 2022 led by Flyer One Ventures and Solid.
Denis Mosolov, Managing Partner of Flashpoint Growth Debt, said: "Fintech Farm has cracked the code on repeatable, capital-efficient digital banking in markets where traditional lenders have failed to adopt digital solutions. The company's credit engine allows it to serve a vast underbanked population with limited access to traditional credit products while maintaining remarkably low delinquencies."
Dmytro Dubilet, Co-founder and Chief Executive of Fintech Farm, said Flashpoint "understands emerging markets and moves at founder speed." He added: "This facility lets us double down on India and Vietnam without diluting equity - exactly the right instrument at the right moment."
Flashpoint is a London technology investment firm with offices in New York, Tel Aviv and Riga. It completed a final close of its second Growth Debt Fund at $67 million in November 2025. At that close Flashpoint said 58 limited partners had committed, the fund had already financed six companies and committed more than $30 million, and it expected 15 to 20 borrowers in total. The firm said it manages about $600 million across venture growth, growth debt and secondary strategies. Its first Growth Debt Fund launched in 2020.