Cred FY25 revenue up 16% to Rs 2,735 crore
30 Jan 2026, 06:37 PMTotal losses reduced by 11.5% to Rs 1,457 during the year, the Kunal Shah-led company said in a statement.
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Fintech company Cred said its consolidated operating revenue rose 16% year-on-year to Rs 2,735 crore in the fiscal ended March 31, 2025.
Total losses reduced by 11.5% to Rs 1,457 during the year, the Kunal Shah-led company said in a statement.
Operating losses were down by 51% to Rs 298 crore and gross margins stood at 70%, it added.
CRED's monthly transacting users (MTU) increased 14.5% to 1.26 crore during the same period, and transaction frequency increased by 34% to 14.4 per month. Total payment value increased 23% year-on-year to Rs 8.5 lakh crore and average revenue per user (ARPU) stood at Rs 2,000.
"FY24-25 was about widening the monetization pipeline and accelerating product velocity. More members trusted CRED for higher-value transactions and adopted a wider range of products, positioning us for sustained revenue growth as they scale," said Shah, founder, Cred.
It noted that its lending business was among the top three revenue drivers for the fintech company, with assets under management (AUM) growing to Rs 22,000 during this period.
Cred has raised multiple funding rounds since its was founded in 2018. Last year, it raised $72 million in its Series G funding round led by Singapore's sovereign wealth fund GIC in a downround.
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