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Fintech CRED secures in-principle approval for payment aggregator license

CRED has received the in-principle approval for a payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products and experime

India scrambles to curb PhonePe and Google’s dominance in mobile payments

The NPCI plans to meet various fintech startups this month to develop a strategy to address the market dominance of PhonePe and Google Pay in the UPI ecosystem.

India’s CRED to acquire mutual fund startup Kuvera in wealth management push

Indian fintech startup CRED has reached an agreement to buy mutual fund and stock investment platform Kuvera as part of an expansion into wealth management. The $6.4 billion Bengaluru-headquartered st

CRED in talks to acquire mutual fund startup Kuvera

CRED is in talks to acquire Kuvera, a startup that operates an online wealth management platform, a source familiar with the matter told TechCrunch, in what is a sign of the Indian fintech giant&#8217

Indian fintech CRED’s earnings surge 3.5x to $168M

CRED grew its operating revenue by a staggering 255% to $168.1 million in the financial year ending March as the fintech startup, which garners an unusually high level of attention, finds rising adopt

Indian fintech CRED adds buy now, pay later and tap to pay offerings

CRED is rolling out a buy now and pay later service and a tap to pay feature as the Indian fintech platform broadens its offerings to boost engagement and monetization on the platform. Cred flash, the

CRED acquires CreditVidya

CRED is acquiring CreditVidya, a SaaS startup that helps firms underwrite first-time borrowers, in the latest of a series of investments from the Bengaluru-headquartered fintech as it broadens its inf

Indian fintech CRED to invest in lending partner LiquiLoans

CRED plans to invest about $10 million in its lending partner LiquiLoans as the Indian fintech startup broadens its ownership in financial services, TechCrunch has learned and confirmed. The Bengaluru

India’s CRED valued at $6.4 billion in new funding

CRED is raising $140 million in a new financing round, its fourth funding in the past year and a half, as the Indian fintech startup courts millions of high credit score customers and broadens its off

Immigrant credit fintech Pillar raises $16.9M pre-seed led by Global Founders Capital and Backed VC

Immigrants to a new country can often be cash rich. The problem is that they have no credit history in their new country. Plus, a consumer cannot take their credit file from one country to another. Fu

India’s CRED eyes investment in Amazon-backed Smallcase

Indian fintech CRED is in talks to back the Bengaluru-headquartered startup Smallcase, three sources familiar with the matter said, as the Tiger Global and Alpha Wave Global-backed firm looks to expan

Fintech outperformed the market in 2021, and it’s set to do even better

We were bullish on fintech when we launched the Matrix Fintech Index in 2017, but even we underestimated the magnitude of the growth to come.

Indian fintech CRED valued at $4 billion following $251 million fundraise

Indian fintech CRED said on Tuesday it has raised $251 million in a new financing round, its third funding this year, at a valuation of $4.01 billion. Existing investors Tiger Global and Falcon Edge C

Equity Monday: I hear this fintech thing is going to be big

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest pri

Indian fintech CRED seeks funds at $5.5 billion valuation

CRED has begun to engage with investors to raise money at a valuation of $5.5 billion as the Indian fintech startup eyes international expansion and inorganic growth, a source familiar with the matter

Fintech founders can learn a lesson about frugality from these industry leaders

Venture-backed fintechs raised a record $30.8 billion in the second quarter of this year, up 30% over the same quarter last year. But how are fintech founders spending it all?

Indian fintech CRED launches peer-to-peer lending feature Mint

India’s CRED, which rewards users for paying their credit card bills on time, is broadening its offerings to help its 7.5 million members gain more from the service. The Bangalore-based startup said

Ultrahuman raises $17.5M, touting a wearable blood glucose tracker

Fitness platform Ultrahuman has officially announced a $17.5 million Series B fundraise, with investment coming from early stage fund Alpha Wave Incubation, Steadview Capital, Nexus Venture Partners,

India’s Razorpay raises funds at $3 billion valuation ahead of Southeast Asia launch

Six-year-old Bangalore-based fintech Razorpay topped a $1 billion valuation late last year, becoming the first Y Combinator-backed Indian startup to reach the much sought-after unicorn status. In less

Zeta in talks with SoftBank to raise at over $1 billion valuation

Banking tech startup Zeta is inching closer to the much sought-after unicorn status as it engages with investors to finalize a new round, two sources familiar with the matter told TechCrunch. SoftBank
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