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Top News In Cred List Coverage Today - Breaking & Trending Today

cred: Cred hires Sujay Das to head risk for in-house NBFC Newtap Finance

Sujay Das, who spent more than 12 years at HSBC Bank and then was with Bajaj Finance, heading its analytics team, had joined Bengaluru-based lending startup Freo (previously Moneytap) in 2020. ....

Sujay Das , Newtap Finance , Bajaj Finance , Unified Payments Interface Based , Kunal Shah Founded , Hsbc Bank ,

Mojocare board's plan for remaining capital; Mamaearth's fresh focus on global market

The board of troubled health and wellness products startup Mojocare has taken a call to return the remaining capital to investors. Details of this and more in todays ETtech Morning Dispatch. ....

Mojocare Board , Global Market , Bajaj Finance ,

Cred revenue grows 3.5x to Rs 1,400 crore, losses widen 5% to Rs 1,347 crore in FY23

While Cred has raised over Rs 8,000 crore to date, its cash reserves now stand at around Rs 2,050 crore. Based on its FY23 losses, this cash runway would last for the next three years. ....

Kunal Shah , Cred Cash , Cred Max , Axis Rupay , Red Fy23 Results , Red Fy23 Revenue , Red Profit , Upi Payments , Credit Card Payments ,

cred: Cred's FY2023 revenue more than triples, losses grow marginally

While the companys revenues rose significantly, expenses shot up, too. In FY2023, the Bengaluru headquartered fintech reported total expenses of Rs 2,831 crore, a spike of 66% from the Rs 1,702 crore payout a year earlier. Most of this was driven by a jump in payment processing charges and employee benefit expenses. ....

Kunal Shah , Offering College , Northwestern University , Indian School Of Business , Tech Prowess , High Value Skill , Post Graduate Certificate , Cred Cash , Cred Max , Ribbit Capital ,