CRED, a two-year-old startup that is helping credit card users in India improve their financial behaviour, has raised $80 million in a new financing round, a source familiar with the matter told TechCrunch. The new financing round, a Series C for CRED, was led by existing investor DST Global. Much of the round — in fact, if not all — has been financed by existing investors, including Sequoia Capital and Ribbit Capital, that are doubling down on Kunal Shah’s startup, the source said on condition of anonymity as they are not authorized to speak to the media. The new round gives CRED a post-money valuation of about $800 million, the source said.

Topics:  techcrunch   series c   dst   global   sequoia capital   ribbit capital   kunal shah s   series b   a cred   on cred    kunalb11 november   anmol maini   san francisco-based    kunal shah    cred_club   india   i   cred   kunal shah   shah     cred   in   shah    cred   ipl   startup   customers   source   card   ecosystem   number   pay   company   luxury   tournament   customer   range   
BING NEWS:
  • Why Billionaire Mark Cuban Just Wired $276 Million To The IRS
    The billionaire revealed his latest eye-popping IRS bill. But bear in mind, 2023 wasn’t a typical year for the Shark Tank star, who sold off most of one of his biggest assets in December.
    04/15/2024 - 1:03 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News