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Indian fintech firm CRED to raise $900 million from Meta at $4.5 billion valuation
June 22 : Indian fintech firm CRED said on Monday it will raise about $900 million from Meta Platforms at a post-money valuation of $4.5 billion, as it seeks to accelerate growth and prepare for an eventual stock market listing.
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newsbytesapp.com
CRED's biometric UPI feature nears 10M users
Cred, led by founder Kunal Shah, is on the verge of surpassing 10 million users for its biometric UPI payments feature, showcasing significant growth in its payments ecosystem.
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techfundingnews.com
Why Meta wants CRED: The $4B fintech deal that could reshape India's payments industry — TFN
Meta is reportedly in talks to invest in Bengaluru-based fintech CRED at a valuation of around $4 billion, according to Moneycontrol.
