Cred

SME-focussed fintech CredFlow raises $3.7 million led by existing investors

SME-focussed fintech CredFlow raises $3.7 million led by existing investors

21 Nov 2024, 17:08 PM

The startup plans to utilize the fresh capital for growing its lending business vertical, developing multiple new products and hiring.

Cred sells Happay to MakeMyTrip

Cred sells Happay to MakeMyTrip

18 Nov 2024, 23:03 PM

MakeMyTrip has signed a business transfer agreement to acquire Happay, which was previously acquired by Cred in a $180 million deal in 2021.

Cred enters insurance via Garage platform

Cred enters insurance via Garage platform

05 Nov 2024, 14:45 PM

The fintech is reportedly working with three insurance companies to co-create an insurance product.

Former PayU exec’s startup raises $25.5 million in seed round

Former PayU exec’s startup raises $25.5 million in seed round

05 Nov 2024, 02:34 AM

The company plans to use the funds to enhance product innovation and broaden its offerings, particularly in global investment tools, AI-driven university counseling, and cross-border payment solutions.

PayU lays off close to 100 employees from credit team: sources

PayU lays off close to 100 employees from credit team: sources

27 Sep 2024, 12:37 PM

Of the total employees asked to leave, 30 were from its Gurugram office and the remaining from its Mumbai and Bengaluru teams.

Blame Game Unfolds: Mobikwik, Lendbox at odds amid P2P lending mess

Blame Game Unfolds: Mobikwik, Lendbox at odds amid P2P lending mess

20 Sep 2024, 19:57 PM

More than a month after the RBI’s crackdown on peer-to-peer (P2P) lending, the Lendbox-MobiKwik partnership is showing cracks, with investors facing a lack of transparency.

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