Fintech startup CRED raised $81 Million from existing investors in Series C round
The investment values CRED at $806 Million
CRED has also launched an ESOP buyback scheme worth $1.2 Mn to its employees
DST Global, Sequoia Capital, Ribbit Capital, Tiger Global and General Catalyst are investors in CRED
The fintech startup has a strong user base with over 5.9 Mn credit cardholders
CRED competes with the likes of LoanTap, EarlySalary, PaySense and ZestMoney
