Falcon Edge and Coatue led a $215m Series D funding round in CRED.

Falcon Edge and Coatue Management, two investment firms, led a $215m Series D funding round in CRED, a fintech startup, valuing the company at $2.2bn. The round was joined by Insight Partners, DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group and Sofina. The proceeds from the funding round will be used for to scale its existing line of products, which it launched last year.