Tag: CRED

Meta backs CRED in $900m Series H at $4.5bn value

CRED, the Indian FinTech platform serving creditworthy consumers across payments, lending, and wealth management, has secured INR 8,550 crore (~$900m) in a Series H...

Cred hires Matt Trueman as CEO to accelerate expansion

Cred, the next-generation credit app offering flexible, AI-enabled borrowing solutions, has appointed Matt Trueman as its new CEO. The appointment marks a significant milestone for...

Ignosis secures $4m to scale financial data intelligence

Ignosis, India’s enterprise-first account aggregator (AA) infrastructure and financial data intelligence platform, has raised $4m in a pre-Series A round.

India’s CRED raises 4th investment in 18 months

India-based CRED, which rewards users for paying their credit card bills, has reportedly raised $140m in its fourth investment in the past 18 months.

Global FinTech investment sharply declines 43% in April from March 2022

FinTech investment peaked in February 2022 with a total of $23bn capital raised during the month. Subsequent months have fallen short compared to...

Indian FinTech sector shines producing 7% of all new FinTech unicorns...

India had 11 new FinTech unicorns in 2021 making it the country with the 3rd most new FinTech unicorns in 2021 after United...

Asia dazzles with 17 new FinTech unicorns in 2021

Just over 11% of all new FinTech unicorns in 2021 were based in Asia. In total there were 457 new unicorns in 2021...

PayTech companies dominate the list of the top ten Fintech deals...

RazorPay, a point of sale platform, tops the list of the largest FinTech deals in India in 2021 with a huge $375m Series F...

CRED continues strong year of funding with $251m Series E

Indian credit card bill payment app Cred has netted $251m from a Series E funding round led by Tiger Global and Falcon Edge Capital.

Winvesta said to close seed round to support growth of banking...

Global banking and investing app Winvesta has reportedly closed its seed round as it looks to boost its hiring efforts and product development.

120,000+ FinTech leaders get exclusive industry stories delivered every week