CRED raises ₹8,550 crore (~USD 900M) in its Series H round led by Meta to accelerate growth and extend leadership across categories.
Amount Raised
$900 Million
Round Type
Series H
BengaluruFinancial ServicesFinanceFintechLendingInvestors
Description
CRED will raise ₹8,550 crore (~US $900M) in its Series H round led by Meta. This funding will help accelerate growth and build institutional muscle. Founder Kunal Shah transitions to Meta's global leadership, while Miten Sampat steps in as interim CEO. The Series H round positions CRED for strong future growth ahead of an eventual IPO.
Quick answer
Cred raised $900 Million in a Series H round, dated June 22, 2026. Investors: Meta. Cred is based in Bengaluru, Karnataka, India.
- How much did Cred raise?
- Cred raised $900 Million in a Series H round on June 22, 2026.
- Who invested in Cred?
- Meta is named as investors in this round.
- 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.
- Ensysce Biosciences raised $77M on August 5, 2026.
- KleerCard raised $2.3M (Seed) on August 5, 2026.
- Thrive Financial raised an undisclosed amount (Series A) on August 5, 2026.
- Propellus Capital Partners raised $3.5M (Series A) on August 5, 2026.
- Rivo raised $3.1M (Seed) on August 4, 2026.
- Decade raised $85M (Seed) on August 4, 2026.
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
Works inside ChatGPT and Claude. Ask who to call at Cred. With Fundz connected, it knows.
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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
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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