Fundz

Cred Raises $215 Million To Close Its Series D Funding Round

RECENTLY ACQUIREDApr 06, 2021

Amount Raised

$215 Million

Round Type

Series D

BengaluruFinancial ServicesFinanceFintechLending

Description

Mumbai: Credit card repayment platform Cred has concluded its Series D funding, raising $215 million in a round co-led by new investor Falcon Edge and existing investor Coatue Management, founder and chief executive Kunal Shah said in a note to employees.

Quick answer

Cred raised $215 Million in a Series D round, dated April 6, 2021. Cred is based in Bengaluru, Karnataka, India.

How much did Cred raise?
Cred raised $215 Million in a Series D round on April 6, 2021.
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.

  • Lili raised $55M (Series B) on May 11, 2021.
  • Tonik raised $17M (Series B) on May 11, 2021.
  • Stockal raised $3M (Seed) on May 7, 2021.
  • Finnable raised $5.2M (Funding Round) on April 30, 2021.
  • Value Exchange International, Inc. raised an undisclosed amount on April 20, 2021.
  • Cashfree, Inc. raised $35M on April 14, 2021.

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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Related People

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