Credit cards payment firm Cred is acquiring corporate expense management firm Happay in a cash and stock deal valued at $180 million, according to multiple reports. The move gives Cred entree to the enterprise spending space. Happay will continue operations as a separate entity but...
Newtap Technologies Pvt. Ltd., the investment vehicle of FinTech firm Cred that was founded by Kunal Shah, has acquired Parfait Finance & Investment as part of a plan to expand its FinTech platform into the lending space, sources told Economic Times of India for a...
Six months after a funding round that put its valuation at $2.2 billion, India’s CRED is hoping to double that figure. As TechCrunch reported Monday (Oct. 11), the startup, which helps people boost their credit scores by assisting them with on-time bill paying, has begun...
In today’s top payments news around the world, Swiggy raised $800 million in a funding round, while Meesho landed $300 million in new funding. Plus, CRED revealed a new funding round that sets a $2.2 billion valuation for the firm. India’s Swiggy Raises $800 Million...
September 16, 2022
Credit card bill payment platform CRED is reportedly planning to invest $10 million in peer-to-peer (P2P) lending platform LiquiLoans. With the investment, CRED would acquire a minority stake, LiquiLoans would be valued at $200 million and the two companies would form a strategic alliance, expanding upon their existing relationship, Inc42 reported Friday (Sept. 16), citing […]
December 01, 2021
Credit cards payment firm Cred is acquiring corporate expense management firm Happay in a cash and stock deal valued at $180 million, according to multiple reports. The move gives Cred...
November 17, 2021
Newtap Technologies Pvt. Ltd., the investment vehicle of FinTech firm Cred that was founded by Kunal Shah, has acquired Parfait Finance & Investment as part of a plan to expand...
October 11, 2021
Six months after a funding round that put its valuation at $2.2 billion, India’s CRED is hoping to double that figure. As TechCrunch reported Monday (Oct. 11), the startup, which...
