What is CRED's business focus and history?
CRED is a funded company based in Bengaluru, India, founded in 2018 by Kunal Shah. It operates as a financial technology platform offering credit card management and rewards for individuals with high credit scores. CRED has raised significant funding, including an $80 million Series F round in June 2022, valuing the company at $6.4 billion. The company has 800 employees and offers products like the CRED App, CRED Mint, and CRED Cash.
CRED Corporate Details & Core Services
CRED is an Indian fintech company offering a members-only platform that rewards individuals with high credit scores by providing financial and lifestyle benefits, including credit card management, payment reminders, and exclusive rewards.
CRED Contact Information & Official Links
What are CRED's Key Business Metrics & Stats?
No of employees 800
Founded year 2018
Type private
SAICS CODE 7374
NAICS Code 522210
Industry Financial Technology
Location Bengaluru, Karnataka, India
Pricing Strategy Free membership with access to rewards and benefits
CRED
Firmographic Snapshot
2026
2018
Founded Year
800
Global Employees
India
Headquarters
Financial Technology Industry
Private
Type
Verified by
DexterAgent.ai
How much funding has CRED raised to date?
Name
Description
Funding Amount
USD 30
Stage
Seed
Latest Valuation
6.4 Billion (USD)
Lead Investor
Sequoia Capital India
Investors
Sequoia Capital India
What are CRED's Core Products?
Name
Description
CRED App
A mobile application that allows users to manage credit card payments, track spending, and earn rewards.
CRED Mint
A feature enabling users to invest their idle money and earn interest.
CRED Cash
An instant credit line available to eligible users.
What are the latest developments at CRED?
Date
Type
Description
June, 2022
Funding
CRED raised $80 million in a Series F funding round led by GIC, valuing the company at $6.4 billion.
February, 2024
Acquisition
CRED acquired online wealth management and mutual funds startup Kuvera for an undisclosed amount.
CRED VS Crediclub : 2026 Comparison
Feature
CRED
Crediclub
Core Strengths CRED App, CRED Mint, CRED Cash
Personal Loans, Group Loans, SuperTasas.com, SME Loans, Digital Wallet with BNPL
Founded Year 2018
2005
Stock Name/Ticker
Type private
private
Global Employees 800
Revenue (Annual) $250 Million(2024)
Headquarters Bengaluru, Karnataka, India
Monterrey, Nuevo León, Mexico
Latest Valuation $6.4 Billion
What are CRED's official legal and registration details?
Name
Description
Legal Name
Dreamplug Technologies Pvt. Ltd.
Cin number
GST number
Registration number
Who is in CRED's executive leadership team?
Name
Designation
CEO
Kunal Shah
Where are CRED's primary office locations?
City
Country
Bengaluru
India
What are the current business signals and market intelligence for CRED?
Spending next 3 months
Product Development, Customer Acquisition, Technology Enhancement
Pain points
Credit card management, Reward optimization, Credit score monitoring
Sales motion
Direct-to-Consumer
Buyer Persona
Tech-savvy individuals with high credit scores seeking financial rewards and benefits
Type of customer
Individuals with high credit scores
Key customer domain
Annual ACV
$100 - $500
What is CRED's annual revenue history?
Year
Revenue (USD)
2024
250 Million
What are CRED's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
2.3
Glassdoor Rating
Saas
Yes
Offline Stores
No
Service
Yes
Ecommerce
No
Exporter
No
Mobile App
Yes
Retail
No
B2B
No
B2C
Yes
Manufacturing
No
Wholesale
No
Importer
No
