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Cred valuation nearly doubles after $250-million funding : Tech News

Cred valuation nearly doubles after $250-million funding Mumbai: Fintech startup Cred has raised $251 million in a Series E round co-led by Tiger Global Management and Falcon Edge Capital at a valuation of $4.01 billion, the company said in a statement to ET. The round nearly doubles the Bengaluru-based startup’s valuation from $2.2 billion in ....

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offline QR code-based payments: Cred launches offline QR code-based 'scan and pay' payments

Peak XV-backed startup Cred has been pushing its UPI payments feature aggressively. The fintech wants its customers to use the app to scan QR codes at premium retail outlets. ....

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Cred receives in-principle approval from the RBI for payment aggregation business

Cred has received in-principle approval from the RBI for the payment aggregation business. Once the final approval is granted, Cred can expand its merchant payments business. Read more about this development in the fintech industry. ....

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Wipro Q4 results; RBI nod for Cred's payment aggregator biz

IT services major Wipro saw an 8% fall in its consolidated net profit in the March quarter. This and more in todays ETtech Top 5. ....

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Cred can operate as payment aggregator, RBI gives in-principle approval: Report

CRED has been actively introducing new products and features like UPI-based P2P payments, scan and pay, CRED escapes, and CRED Flash to boost its revenue. ....

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