Announced
Completed
Financials
Sources
Tags
Private
Minority
Cross Border
Friendly
Private Equity
Completed
Venture Capital
Acquisition
Payments / Commerce
India
credit card payment
payment platforms
Synopsis
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.
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