Funding Round · Card Issuing · 2021

Cred Series E funding round

Cred raised $251M Series E led by Tiger Global, Falcon Edge, Marshall Wace, Steadfast Venture Capital, DST Global, Insight Partners, Coatue, Sofina on October 19, 2021.

Primary
Cred
Counterparty
Tiger Global, Falcon Edge, Marshall Wace, Steadfast Venture Capital, DST Global, Insight Partners, Coatue, Sofina
Amount
$251M
Structure
Series E
Date
October 19, 2021
Sub-sector
Card Issuing

Cred raised $251M at $4.01B valuation, nearly doubling from April 2021, to expand diversified financial services across credit card payments, commerce, lending, and wealth management.

Primary company
Cred
Amount
$251M
Event date
October 19, 2021
Sub-sector
Card Issuing
HQ
Not disclosed
Structure
Series E
Source published
October 19, 2021
Publisher
The Economic Times

Source: economictimes.indiatimes.com