Cred - Credit Card Bill Payment Company, India

Cred - Credit Card Bill Payment Company, India

Company

We all pay bills and use credit cards. But CRED does things a bit differently. It offers incentives on those bills and payments! Every time you pay your credit card bills with CRED, you get reward points to redeem!!!! (Too Good To Be True)


Table of contents

The Company in 3 lines

  1. CRED points are awarded every time you pay credit card bills with CRED. You can use CRED points to get discounts on various CRED partner products.
  2. CRED evaluates your total expenses and keeps track of your loan limit. It also recommends avoiding extra charges!
  3. CRED is a one-stop solution for all your credit card services.

Quick Information

Website: Click here

Social Media Profiles: Instagram 📸, Twitter 🐦, Linkedin

Headquarters:  Bengaluru, India

Business Model: B2C, B2B

Founding Year: 2018

Number of Employees: 501 to 1000

Core Team Members: Kunal Shah (Founder)

Revenue Streams: RentPay, Credit Card Payments, CRED Pay, CRED Stash, Store

Target Market: Anyone that uses Credit Card for Bill Payments

Basic Information

CRED is a fintech incentive platform based in Bengaluru. Kunal Shah founded the company in April 2018. He was the former CEO of Freecharge. In 2015, he sold Freecharge and began looking for alternative ways to change people's lives.

💳 He then introduced CRED.

CRED collects your information, such as credit card numbers and emails. It then offers exclusive brand discounts every time you make credit card payments using its app.

Apart from that, it allows you to keep track of your credit card bills and loan limits. Similarly, businesses benefit greatly from exposure to clients and customers from all backgrounds.

CRED's business model is based on the following:

  • The customers who pay credit card bills via its application.
  • The "CRED app" offers an elegant interface and experience. Streaming more incoming customers and businesses.
  • The businesses that strike their offers in the CRED app. It is a win-win situation for everyone ✔️.

Note: You must have a credit score of at least 750 to join CRED and make payments. If you don't fit the criteria, don't worry! CRED places you on a waiting list and advises you on improving your credit score.


Siddhesh Surve

An Enthusiastic Learner! With his roots in Navi Mumbai and a Journalism Background, he aims to connect with readers and share facts about his hobby, "tech in India," and its advancing inventions.