CRED Success Story: जानें कुनाल शाह को कहां से आया क्रेड ऐप बनाने का आइडिया !

 

Some facts about CRED-

1. CRED was founded by Kunal Shah in 2018, a Bangalore-based financial market, which is designed to provide digital financial services to the people.
2.  Furthermore, the company has realised the need for digital demand, especially when the entire world is struggling during this ongoing pandemic.

CRED Startup Story: How an Idea Became Reality

In this startup story, we will be featuring the CRED success story. It is an Indian fintech company, based in Bangalore, founded in 2018 by Kunal Shah, who is also the founder of Freecharge. Kunal Shah is a non-tech background and coming from a Gujarati family.

This is the success story of an Indian startup who turned his passion into a successful business. A fintech startup is a mobile app that allows users to manage multiple credit cards and keep a realtime check on your credit score on a single app.

Here, we will be talking to the founder of CRED, and getting his insights on how he was able to make his business successful.

What is CRED app?

It is a financial services startup that offers credit products to consumers in India. The company was founded in October 2016 by Kunal Shah and co-founder. The company’s mission is to make credit more affordable and accessible in India.

The company started off with a bang, raising $15 million in seed funding from Sequoia India and other investors in just six weeks. In the two years since then, Cred has grown rapidly, raising $90 million in Series A and B funding rounds.

The startup is now one of the most well-funded fintech startups in India, with a valuation of over $500 million. The company has over two million users and is on track to become profitable by 2020.

This startup’s success lies in its focus on customer experience. The company has built a mobile app that makes it easy for users to track their credit score, pay their bills on time, and apply for loans. Cred also offers rewards and discounts to customers who use its app regularly.

It is changing the face of financial services in India, and is poised for even greater success in the years to come. If you’re looking for a good credit option, be sure to check out Cred!

What services do CRED provide?

The Unicorn Startup started with just credit card payment services, but today it is expanding its reach in different financial sectors.

The app has about 70 lakh users, and the number is increasing. Let’s take a look at the services provided by the app.

• The Indian fintech company allows you to manage all your credit card payments in one app.
• The app provides you with regular notifications regarding your credit card payment details and its due dates.
• The mobile app offers cashback and rewards for new users.
• IT provides reword points on the completion of payment.
• Hassle-free payment methods.
• IT also provides services for insurance, rent, and loans.