Fundz

India’s Cred Valued At $6.4 Billion In New Funding

RECENTLY ACQUIREDJun 09, 2022

Round Type

Funding Round

BengaluruFinancial ServicesFinanceFintechLending

Description

CRED is raising $140 million in a new financing round, its fourth funding in the past year and a half, as the Indian fintech startup courts millions of high credit score customers and broadens its offerings.

Quick answer

Cred raised an undisclosed amount in a Funding Round round, dated June 9, 2022. Cred is based in Bengaluru, Karnataka, India.

How much did Cred raise?
Cred raised an undisclosed amount in a Funding Round round on June 9, 2022.
What does Cred do?
Cred is an innovative fintech startup that rewards users for paying their credit card bills on time.
Where is Cred based and how big is it?
Cred is based in Bengaluru, Karnataka, India. Fundz records about 2,300 employees.
Who are the decision-makers at Cred?
Fundz holds 2 contacts at Cred, including the Talent Partner. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Cred that raised within 45 days of this round, from Fundz verified event records.

  • ZSuite Technologies, Inc. raised $7.6M on July 22, 2022.
  • USBC raised $80K (Seed) on July 15, 2022.
  • Ensysce Biosciences raised $4.2M (Seed) on July 8, 2022.
  • Pagaya Technologies raised $3.4B on July 6, 2022.
  • Kapital raised $17M on June 24, 2022.
  • USBC raised $255K (Seed) on June 6, 2022.

Who to call at Cred, and when

A new round usually means Cred is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Cred raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Cred, from your own LinkedIn network

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Company Information

Company

Cred

Location

Bengaluru, Karnataka, India

About

Cred is an innovative fintech startup that rewards users for paying their credit card bills on time. The company aims to build a community of high-quality consumers and offers various services that enhance financial literacy. Cred's approach to customer engagement has captured significant attention in the Indian market. As of now, Cred is valued at $4.5 billion post-money.

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Fundz sees it the moment Cred raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsRiecha R., Talent Partner hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Cred's next move

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Cred raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.