Whats up with Cred

All the cool marketing and UI/UX aside I find myself wondering what's up with Cred? Here are my questions, knowledgeable product folk or better yet people from Cred or who worked at Cred can you please help with the following questions (and associated complaints) 1) What's the point of the store anymore? The brands are actually far less premium than they're made out to be. Plus you don't get access to exclusive products. 2) The reward system is just sad now, why have they changed the logic and reduced the monetary rewards so much? What were just PLG features like earning cashback for referrals is a voucher now plus the Rs. 1 cashback is just insulting at this point. 3) I used cred cash once and I'm not going to need much more. But I'm wondering if you're catering to the top 1%, do they really need liquidity at 9% interest? 4) Cred Mint seems like a worthwhile proposition, however the returns are only marginally better than the best FDs out there. Also if they're partnering with Liquiloans, which primarily lends to other startups, isn't that risky? How will they guarantee returns if someday Liquiloans goes under?

- Are these guys on the path to profitability now? What do they even do? Just sell loans and insurance to rich people who won't fall for that shit anyway? What's their edge over the hundreds of other companies already doing that? - How much are they burning now? How much runway do they have? - Cuz everyone abuses their CRED coins and calls them worthless. - Most importantly, I'm sick of seeing Kunal Shah's smug dp pop up on my Twitter everyday with some new gyan while it's unclear what he even does

Cred is truly a topic of surprise for me. Yes, I understand it has created a community of top spenders/credit worthy people in India. I also understand that they can use the information on such people for creating value for themselves. Being a cred user, I only use it to pay the bills. I really wonder if they have built any b2b business or alternative source of income beyond what's seen to the end user. What's the game plan for the cred? I also applaud the fact that cred hasn't laid off people having paid them better than most companies. I really wonder if the business is really that strong or the conviction is. Would you join cred if given a chance to work there?

Hi, Wanted to connect with folks from CRED for some information on average salaries and tech stack. Endless gratitude if you could please DM.

Has anyone seen the Orry x CRED's Black Friday collaboration? CRED played it smart by roping in the most talked-about person right now. What's your take on their strategic move?

https://www.youtube.com/watch?v=fE0frCNDccQ&ab_channel=CRED

Given the current funding winter and companies are now chasing profitability metrics, how is CRED’s future looking given they are more focused on experience and experience and there doesn’t seem to be a big monetisation play and more gimmick. Need some insights to make a decision for job offer

I don’t work for CRED or have anything to do with them but I’ve been seeing a lot anti CRED or Kunal Shah posts here. Did I miss out on some interesting/ entertaining news or is it just a frustrated candidate who didn’t get in or a customer who’s had a bad exp?

Market and news media has been reporting that CRED is scaling up revenues and building huge loanbook, but seems like they are also now laying off people. Why?