Cred's head of risk Kunal Kashyap quits, set to join SliceKunal Kashyap moves from Cred to Slice, which merges with North East Small Finance Bank. Pending approvals from Competition Commission of I...
04 Apr, 2024, 07.15 AM IST
Ex-Swiggy exec Anuj Rathi joins Jupiter as chief product and marketing officerAt Jupiter, Rathi will lead product, design, growth and marketing. He will work closely with Jupiter’s founder and CEO Jitendra Gupta.
15 Sep, 2023, 06.27 PM IST
For many fintechs, NBFC tag may be elusiveAn NBFC licence would allow fintechs to offer loans from their own books, thereby build an asset base. Without this licence, they remain co...
19 Aug, 2023, 06.01 AM IST
One Card founders and Uni Cards NBFC licence applications face roadblocks from RBIET has learnt that sellers need to apply to the central bank saying that they intend to transfer the licence to the acquirer’s name.
15 Aug, 2023, 06.00 AM IST
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.
05 Jul, 2023, 06.35 PM IST
Kunal Shah’s inhouse NBFC ends first year with a small profitNewtap Finance is looking to set up a new management team and build partnerships with other fintechs.
27 Jun, 2023, 05.15 PM IST
Cred acqui-hires YCombinator-backed fintech SpennyzFounded in 2019 by Shah and Gaurav Arora, Spenny was a micro-investment platform that nudged users to invest small amounts of money in mutu...
23 Jun, 2023, 09.56 PM IST
How Kunal Shah's Cred is rejigging the fintech’s lending strategy to tap more usersIn a major change to its lending strategy, Cred plans to cater to consumers who are new to credit and have never taken any formal credit in...
30 May, 2023, 04.28 PM IST
Exclusive: Sebi may review compliance for VC, PE funds; Cred‘s rejigging its lending strategyCapital markets regulator Securities and Exchange Board of India (Sebi) has sought suggestions from venture capital and private equity fund...
29 May, 2023, 09.20 AM IST
Cred lays off close to 15% of staff at expense management unit HappayThe exact number of employees affected by the layoffs could not be ascertained, but one of the sources told ET that 10-15% of the workforce...
15 May, 2023, 12.49 PM IST
BharatPe acquires 51% in NBFC Trillion Loans to bolster lending playBharatPe’s investment in an NBFC comes at a time when several fintechs are looking at bolstering their presence in the segment.
02 May, 2023, 04.38 PM IST
Chasm grows between Indian startups & internet body IAMAI; IT firms look to boost utilisation levels for better marginsIndian internet firms have given internet body IAMAI a thumbs-down, alleging that it has favoured Big Tech companies on multiple issues. Th...
02 May, 2023, 07.23 AM IST
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 ...
01 May, 2023, 11.03 PM IST
Cred’s NBFC may raise $50-70 million; MapmyIndia CEO wants internet body IAMAI to reflect Indian voicesKunal Shah-owned Newtap Technologies, which acquired Parfait Finance, an RBI-registered NBFC, is in talks to raise equity capital from Cred...
01 May, 2023, 08.12 PM IST
Cred launches ‘Tap to Pay’- a feature that needs no physical card or wallet to make paymentsCompany enters the buy-now-pay-later space with Cred Flash.
27 Feb, 2023, 07.56 PM IST
Cred to acquire Happay to expand its suite of fintech offeringsHappay, a corporate expense management platform, will continue to operate independently but work closely with Cred’s leadership to leverage...
02 Dec, 2021, 09.35 AM IST
Cred founder Kunal Shah’s firm acquires Parfait for wider fintech playShah, through Newtap Technologies, has acquired NBFC Parfait Finance & Investment for a wider fintech play for Cred with lending. The Reser...
17 Nov, 2021, 11.04 AM IST