CRED: Funding, Investors & Team (Aug 2026)
CRED is a members-only credit card management and bill payments platform that rewards users every time they pay their credit card bills. The fintech startup operates an app that rewards customers for paying their credit card bills on time and gives them access to a range of additional services such as credit and a premium catalog of products from high-end brands. Customers are offered a range of features which include the ability to better track spending across various credit cards, and get reminders. Cred is backed by investors such as Falcon Edge Capital, Coatue Management, Insight Partners, DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group, and Sofina. It was established in Bengaluru, Karnataka by Kunal Shah in 2017.
CRED has raised $666M across 3 funding rounds on record, the most recent an undisclosed round of $200M announced in Apr 2022.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
CRED Company Profile and Key Stats
Latest funding round on record: Apr 2022.
CRED Funding Rounds
CRED raised $215M in a Series D announced in Apr 2021.
6 months later, a Series E of $251M was announced in Oct 2021.
6 months later, an undisclosed round of $200M was announced in Apr 2022.
CRED Founders and Leadership Team
Contact details for the CRED team: 1 of 1 has an email address on file.
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CRED's latest round of $200M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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CRED Funding FAQs
What does CRED do?
CRED is a members-only credit card management and bill payments platform that rewards users every time they pay their credit card bills. The fintech startup operates an app that rewards customers for paying their credit card bills on time and gives them access to a range of additional services such as credit and a premium catalog of products from high-end brands. Customers are offered a range of features which include the ability to better track spending across various credit cards, and get reminders. Cred is backed by investors such as Falcon Edge Capital, Coatue Management, Insight Partners, DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group, and Sofina. It was established in Bengaluru, Karnataka by Kunal Shah in 2017.
How much funding has CRED raised?
CRED has raised $666M across 3 rounds on record. The most recent is an undisclosed round of $200M announced in Apr 2022.
When did CRED last raise funding?
CRED's most recent funding round on record is an undisclosed round of $200M, announced in Apr 2022.
Who is the CEO of CRED?
Kunal Shah is listed as CEO at CRED.
Where is CRED headquartered?
CRED is based in Bengaluru, Karnataka, India.
How many employees does CRED have?
CRED is in the 501-1000 employee band.
How does CRED's funding compare to other Financial Services startups?
CRED's latest round of $200M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's CRED Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for CRED is left off this page rather than filled in.
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