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CRED's total revenue surged by 66% to Rs 2,473 crore in FY24 from Rs 1,484 crore in FY23. Meanwhile, its operating losses narrowed by 41% to Rs 609 crore.
How Cred makes money More than 90% of Cred’s revenue comes from payments, lending and insurance. However, as the company monetises more of its user base and cross-sells more products, this could ...
CRED Launches Digital Credit Lines Against Mutual Funds—Here’s What It Means for Investors Ishika Gupta on February 26, 2025 February 26, 2025 3 minute read 3 minute read ...
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Cred’s loan book crosses Rs 19,000 crore mark, NBFC arm explores equity funding As of December 2024, Cred’s monthly transacting user base crossed 1.2 crore, growing at a CAGR of 30 percent.
Cred has introduced the e-Rupee wallet in partnership with Yes Bank, under the RBI's CBDC initiative. This wallet enables UPI-linked transactions and imposes daily and per-transfer limits.
Tiger Global and Peak XV backed Indian firm Cred has become the first fintech platform to roll out access to India's central bank digital currency, the company said on Tuesday.
CRED Garage primarily targets users with high credit scores, offering discounts on insurance premiums as a reward for responsible financial behavior. These discounts range between 7.5% and 12.5% ...
D2CX. D2CX by Inc42 is a 12-week hands-on program to help you level up your D2C game. Learn from India's top 1% D2C founders and experts through actionable insights, proven strategies and tactics ...
News from Cred: new financial services, including a wallet, Visa partnership, and extended rewards, offer more value and convenience to users and merchants. Subscribe 0 ...
Cred reported a sharp 41% reduction in operating losses, which fell from ₹1,024 crore in FY23 to ₹609 crore in FY24, at a time when investors prefer companies on a path to profitability. The ...
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