CRED raises $215 mn at $2.2 bn valuation, enters unicorn club
In the last three months, CRED’s valuation has doubled as it was valued at $800 million in January this year. Launched in 2018, CRED prioritises credit-card repayment and then rewards users who pay their bills, which can be used for offers and discounts on various products. Currently, it has nearly 6 million users.
Apr 06, 2021, 19:31 PM IST