Funding Round · Card Issuing · 2020

Cred raises $80M Series B at $800M valuation

Cred raised $80M Series B led by DST Global, Ribbit Capital, Sequoia Capital, Tiger Global on November 30, 2020.

Primary
Cred
Counterparty
DST Global, Ribbit Capital, Sequoia Capital, Tiger Global
Amount
$80M
Structure
Series B
Date
November 30, 2020
Sub-sector
Card Issuing

Credit card rewards platform nearly doubles valuation to $800M on strong traction and merchant/fintech partner monetization.

Primary company
Cred
Amount
$80M
Event date
November 30, 2020
Sub-sector
Card Issuing
HQ
Not disclosed
Structure
Series B
Source published
November 30, 2020
Publisher
Economic Times

Source: economictimes.indiatimes.com