Cred (company)

CRED is an Indian fintech company, based in Bangalore. Founded in 2018 by Kunal Shah, it is a reward-based credit card payments app. Cred also lets users make house rent payments and provides short-term credit lines. Cred has received criticism for being overvalued and lacking a sound monetization strategy.

For other uses, see Cred (disambiguation).

CRED
Company typePrivate
Industry
  • Financial technology
  • Payments
Founded2018
FounderKunal Shah
(Co-founder & CEO)
HeadquartersBangalore, Karnataka,
India
Revenue ₹1,400 crore (US$180 million) (FY23)
Net income
 ₹−1,347 crore (US$−170 million) (FY23)
Number of employees
800
Websitecred.club
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