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.


Business

Indian fintech firm CRED to raise $900 million from Meta at $4.5 billion valuation

Indian fintech firm CRED to raise $900 million from Meta at $4.5 billion valuation

A man walks next to the logo of CRED, an Indian Fintech company, during the Global Fintech Fest in Mumbai, India, August 29, 2024. REUTERS/Francis Mascarenhas

Read a summary of this article on FAST.

Get bite-sized news via a new
cards interface. Give it a try.

Click here to return to FAST
Tap here to return to FAST

FAST

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.

Source: Reuters

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Inbox

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Whatsapp

Get bite-sized news via a new
cards interface. Give it a try.

Click here to return to FAST
Tap here to return to FAST

FAST

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *