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CRED PAYMENT AGGREGATOR
Smaller UPI apps to demand fresh curbs on market leaders at NPCI meet: SourcesSmaller third-party UPI players are set to propose new curbs on market leaders like PhonePe, Google Pay, and Paytm to the NPCI. They aim to...
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...
Cred widens mutual fund app Kuvera’s ambit for bigger wealth management playCred has entered wealth management by upgrading Kuvera, acquired in 2024. It now offers a full suite of financial services. Kuvera’s new fe...
India's neighbour-friendly FDI rules; LPG shortage hits food deliveryThe Centre has eased FDI rules, allowing investors from land-bordering countries such as China to invest in Indian companies. This and more...
Cred receives payment aggregator licence from RBIFintech startup Cred has received RBI authorisation to operate as a payment aggregator, allowing it to onboard merchants, collect payments,...
CRED gets RBI nod to operate as payment aggregatorFintech firm CRED has secured final approval from the Reserve Bank of India to function as a payment aggregator. This new authorisation com...
Affluent Indians see surge in financial activity, says CredAccording to the report by Cred Money, around 42% of individuals receive dividend payments an average of 10 times a year, indicating a shif...
Fintech firm Cred receives BBPS customer operating unit certificationCred, a Bengaluru-based fintech firm, has been certified by NPCI Bharat Billpay to operate as a customer operating unit on the Bharat Bill ...
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...
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 ...
Wipro Q4 results; RBI nod for Cred’s payment aggregator bizIT services major Wipro saw an 8% fall in its consolidated net profit in the March quarter. This and more in today’s ETtech Top 5.
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...
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.
Cashfree receives RBI nod for payment aggregator licenseAt least 185 fintech firms — including big names like Cred, Razorpay and PhonePe — had submitted proposals seeking the license, ET has repo...
MobiKwik launches investment product Xtra, scales AUM to over Rs 100 croreThe product, which has been tested over the past month, allows users to invest as little as Rs 1,000 and looks to provide interest of up to...
Cred raises $80 million funding led by GIC at $6.4 billion valuation“GIC of Singapore leads this round, joining existing investors - Sofina, Tiger Global, FalconEdge, and Dragoneer - for an investment of $14...
Cred reports Rs 95.5 crore revenue in FY 21, will apply for account aggregator licenceThe company reported a total loss of Rs 523.8 crore on a consolidated basis, compared to Rs 361.1 crore for the year-ago period.
As fintech Cred diversifies, it is betting on video commerce and group buyingFounded in 2018 as a credit card payment platform that rewards its users for every transaction, Cred has been expanding its offerings in th...
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...
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...