CRED is a fintech startup that offers rewards for customers who use its platform to pay their credit card bills.
CRED is a members-only credit card management and bill payments platform that rewards users every time they pay their credit card bills.The fintech startup operates an app that rewards customers for paying their credit card bills on time and gives them access to a range of additional services such as credit and a premium catalog of products from high-end brands. Customers are offered a range of features which include the ability to better track spending across various credit cards, and get reminders. Cred is backed by investors such as Falcon Edge Capital, Coatue Management, Insight Partners, DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group, and Sofina.It was established in Bengaluru, Karnataka by Kunal Shah in 2017.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jun 9, 2022 | Series F | ₹6.17B | 5 | GIC | — | Detail |
Oct 19, 2021 | Series E | $251M | 10 | Alpha Wave Global Tiger Global Management | — | Detail |
Apr 6, 2021 | Series D | ₹15.78B | 9 | Alpha Wave Global Coatue | — | Detail |
Jan 1, 2021 | Secondary Market | — | 1 | — | — | Detail |
Nov 30, 2020 | Series C | $81M | 8 | DST Global | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Sep 19, 2022
LiquiLoans
|
Series Unknown | $10M | Financial Services | Yes |
Sep 29, 2021
Yubi
|
Series A | ₹6.67B | Finance | — |
May 9, 2019
EasyKnock
|
Series A | $12M | Financial Services | — |
Apr 17, 2019
Super
|
Series B | $20M | Home Services | — |
Jan 24, 2019
Porch Group
|
Series Unknown | — | Home Improvement | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
GIC | Yes | Series F |
Gemini Investments | Yes | Series B |
Rainmatter Technology | Yes | Seed |
Alpha Wave Global | — | Series F |
DF International Partners | — | Series F |
Sofina | — | Series F |
Tiger Global Management | — | Series F |
Coatue | — | Series E |
Dragoneer Investment Group | — | Series E |
DST Global | — | Series E |
CRED has acquired 3 organizations. Their most recent acquisition was HipBar on Oct 21, 2021. They acquired HipBar for 0.