A Bengaluru-based fintech app that lets creditworthy members pay credit card bills, earn rewards, and use lending, payments, and wealth products.
cred.clubCEO
Miten Sampat, Interim CEO
Founded
2018
Employees
About 1,056 (2026)
Industry
Financial technology (credit card bill payments, payments, lending)
Revenue (FY25)
About Rs 2,735 crore (about US$280 million)
Valuation (June 2026)
About US$4.5 billion post-money (June 2026 Meta-led round)Listing
Private (unlisted)
Headquarters
Bengaluru, Karnataka, India
Website
cred.club
CRED is an Indian fintech company operated by Dreamplug Technologies Private Limited, founded in 2018 by Kunal Shah and headquartered in Bengaluru. It started as a members-only app that let users with high credit scores pay their credit card bills and earn rewards. Its registered office sits in Mumbai, and the company holds DPIIT startup recognition.
The platform has grown well beyond bill payments into a wider set of financial products, including lending (CRED Cash), UPI payments, savings and wealth features (CRED Money and CRED Mint), car management (CRED Garage), and insurance distribution. It has expanded partly through acquisitions such as Happay, CreditVidya, Spenny, and Kuvera. Operating revenue reached about Rs 2,735 crore in FY25, though the company stayed loss-making.
In June 2026, founder Kunal Shah stepped away from day-to-day operations to join Meta as head of WhatsApp, while keeping his shareholding. Miten Sampat, who had run strategy and finance since 2020, became interim CEO. Alongside the change, Meta led a US$900 million round that valued CRED at about US$4.5 billion, and the company said it's building a longer-term leadership structure ahead of a possible IPO.
Interim CEO (led strategy and finance since 2020)
Founder and Director (stepped away from the operating role in June 2026, retains shareholding)
Co-Founder and Director
Board Director (Ribbit Capital nominee)
Interview experience
Favourable
Interview difficulty
Medium
Interview process length
About a week
Run mock rounds, get instant feedback, and walk in ready for the take-home, DSA, and system design loop.
Q: Design a key-value based caching system (cover eviction policies, modularity, and distributed fault tolerance).
A: A caching system keeps hot key-value pairs in memory behind a clean interface, backed by an eviction policy such as LRU or LFU and a bounded capacity. To scale it across nodes, you shard keys with consistent hashing and add replication plus TTLs so a node loss doesn't lose the whole cache.
Q: Implement an LRU cache using a HashMap and a doubly linked list, with possible thread-safety extensions.
A: Store each key in a HashMap that points to a node in a doubly linked list ordered by recency, so lookups, inserts, and eviction all run in O(1). On access you move the node to the head, and you evict from the tail when capacity is exceeded.
Q: Design a Snake and Ladder game with clean entity modeling and extensibility.
A: Model the domain as Board, Cell, Player, Dice, and Game classes, where snakes and ladders are just jump mappings stored on the board. The Game object drives turns, applies jumps after each move, and checks for a winner, which keeps rules easy to extend.
Q: Find a pair in an array whose sum equals K.
A: Walk the array once and keep a hash set of values you've seen. For each number, check whether K minus that number is already in the set, which finds a valid pair in O(n) time and O(n) space.
Run mock rounds, get instant feedback, and walk in ready for the take-home, DSA, and system design loop.
All levels, total comp
₹2.99M to ₹12.2M/yr total comp (median ₹5.35M)
Entry level, total comp
₹2.99M/yr total comp
Mid level, total comp
₹5.73M/yr total comp
Senior, total comp
₹6.0M/yr total comp
Lead or staff, total comp
₹8.75M/yr total comp
Manager, total comp
₹7.87M to ₹11.19M/yr total comp (median ₹7.87M)
See how your target level and total comp stack up, then find roles that match your numbers.
Tailor your resume to CRED roles in minutes and apply with a profile that gets noticed.
June 22, 2026
CRED raises $900 million led by Meta at a $4.5 billion valuation
CRED closed a $900 million round led by Meta, which took a minority stake and valued the company at $4.5 billion. CB Insights logs the deal as a $500 million Series H plus a $400 million secondary transaction dated June 22, 2026.
#funding #fintech #Meta
View postJune 2026
Kunal Shah joins Meta, Miten Sampat named interim CEO
Founder Kunal Shah moved to Meta alongside the investment, and Miten Sampat stepped in as CRED's interim chief executive.
#leadership #fintech
View postMarch 2026
CRED gets RBI payment aggregator nod, adds biometric UPI
CRED received Reserve Bank of India authorization to operate as a payment aggregator and rolled out biometric UPI authentication for transactions up to 5,000 rupees.
#regulation #UPI #payments
View postSeptember 2025
Cred Money expands into fixed deposits, gold and portfolio tools
CRED broadened its Cred Money offering to include fixed deposits, gold investments, and portfolio management services, deepening its wealth features.
#product #wealth #fintech
View postAugust 2025
CRED partners Razorpay and Visa on CardSync tokenization
CRED teamed with Razorpay and Visa to launch CardSync, a card tokenization solution for saved-card payments.
#partnership #payments #Visa
View postCRED is an Indian fintech app that started by letting members with high credit scores pay credit card bills and earn rewards. It now spans lending, UPI payments, savings and wealth products, car management, and insurance distribution.
