UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
From swipe to strategy: Your credit card now decides what you buyConsumers now meticulously compare credit card offers before making purchases, turning transactions into value calculations. Credit cards a...
Cred introduces biometric authentication for UPI payments up to Rs 5,000Fintech platform Cred now allows users to authorise UPI payments up to Rs 5,000 with face or fingerprint. This new feature, developed with ...
In fierce UPI fight, new players Flipkart-backed Super.Money, Navi, Cred start to gain groundNew-generation UPI apps such as Navi, Cred, Bhim, and Super.Money have been quietly gaining market share over the last six months, aggressi...
NPCI planning to let users save UPI IDs at merchant checkoutsThe National Payments Corporation of India (NPCI) is preparing a major overhaul of the Unified Payment Interface (UPI) online checkout expe...
Kunal Shah's Cred looks to help customers track bank accountsKunal Shah-led Cred is unveiling a new service called Cred Money to help customers manage their bank accounts. With Cred Money, users can t...
Paytm reports almost flat growth in UPI payments in MayAfter RBI restricted Paytm Payments Bank, the UPI transactions on the Paytm app fell. This is the first month the fall has been arrested si...
Cred launches offline QR code-based ‘scan and pay’ paymentsPeak XV-backed startup Cred has been pushing its UPI payments feature aggressively. The fintech wants its customers to use the app to scan ...
Cred receives in-principle approval from RBI for payment aggregator businessFintech firm Cred, supported by Peak XV, secures RBI's approval for PA business. Post final nod, it'll expand merchant payments, focusing o...
NPCI eyes a more evenly sliced UPI pieAs of now, Walmart-backed PhonePe and Google Pay already control more than 80% of the UPI market between them, while Paytm has under 12%. H...
Cred’s FY23 revenue more than triples, losses grow marginallyWhile the company’s revenues rose significantly, expenses shot up, too. In FY2023, the Bengaluru headquartered fintech reported total expen...
Cred names financial services veteran B Sriram as independent directorSriram will provide guidance and counsel for the company’s long-term strategy, growth plans and execution roadmap.
Kunal Shah’s Newtap Technologies in talks to raise $50-70 million to push lending businessShah has discussed shoring up the funds from Cred’s existing investors including Sequoia Capital and Singapore’s sovereign fund GIC, which ...
CRED launches UPI peer-to-peer (P2P) payments: Important featuresOn CRED, members can now choose from a variety of payment methods, including bill payments, scan-and-pay, tap-to-pay, UPI P2P, CRED Pay, an...
For Cred, revenue growth and curbing losses will be the focus: Kunal ShahThe Bengaluru-based fintech platform has in the past been criticised for not showing active revenue streams and mounting losses.
Cred launches ‘Scan & Pay’ feature as it enters offline payments spaceThe feature can also be used to make peer-to-peer (P2P) transactions, either by scanning a quick response (QR) code or by feeding in the be...
Cred is testing UPI, may go live in a monthCred was founded by Kunal Shah, who had disrupted the digital payments space with his mobile wallet startup Freecharge.