CRED

Cred’s Cost Efficiency: Revenue Jumps Up 255% But Losses Increase Just 5.3% in FY23

The fintech unicorn Cred has unveiled its financial results for fiscal 2023, concluding on March 31, 2023. In a remarkable display of growth, Cred revenue from operations reached an all-time high of Rs 1,400.6 crore in FY23, with an...

CRED Valuation Soars To $4 Billion As It Raises $251 Million

The fast-growing Credit card payments company CRED has concluded a $251 million financing round and has boosted its value to $4 billion within six months, amid an unprecedented new wave of funding for startups according to media sources. A representative...

CRED Mint: Instant Borrowing Upto ₹10 Lakh To Lure Worthy Users!

CRED launched CRED Mint (peer-to-peer), a peer-to-peer lending product for its members. This is the latest attempt by the $2.2 billion Indian startup unicorn to monetize its 7.5 million users. CRED, a fintech platform, was founded by Kunal Shah, a...
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5 Ways Generative AI Will Disrupt the Payments Industry in 2025

Generative AI is one of the most hotly anticipated developments in the fintech landscape in 2025, and its disruptive...
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