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India
2018 (8 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know CRED
Company Information
Get to know CRED
Founded in 2018 by Kunal Shah, CRED is a high-trust, members-only fintech platform based in India. The company's primary mission is to celebrate and reward creditworthy individuals. Its core service is a mobile application that allows users to manage and pay their credit card bills, earning exclusive rewards, offers, and access to a curated selection of products and experiences for timely payments. Over time, CRED has expanded its services to include rent payments (CRED RentPay), personal loans (CRED Cash), and an e-commerce platform (CRED Store). The platform targets individuals with high credit scores, aiming to create a community built on financial prudence and trust.
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