CRED

Members-only app that rewards creditworthy Indians for paying credit card bills, and offers lending, payments, insurance and wealth products.

Founded
2018 · Bengaluru, India
Founders
Kunal Shah (Founder (CEO until June 2026))
Website
cred.club

In their words

“I started CRED in 2018 with a belief that creditworthiness deserves to be rewarded.”
Kunal Shah, Founder · FinTech Global, 2026-06-24

On the record

  • 2026-06-24Raised a ₹8,550 crore (about $900 million) Series H led by Meta at about $4.5 billion post-money; founder Kunal Shah stepped down as CEO and Miten Sampat became interim CEO. FinTech Global
  • 2026-06-24Serves 17 million monthly members and reported revenue of about ₹3,200 crore (~$325 million), saying it has reached profitability. FinTech Global
  • 2022-06-09A $140 million Series F led by GIC valued CRED at $6.4 billion, up from $2.2 billion in April 2021. TechCrunch

Verified by IRIS on 2026-11-13. Something changed? Write to hello@iris-media.xyz.