In few years, Cred shares may have the same value as Cred Coins 😜

Let's see , I have  belief as they have data and super nice concepts , it's just a matter of time  
  
 also Paytm  with unique buisness model generations and prospects

Software Engineer

Chartered Accountant

What's the current value of those with Face value 10, How many do you own what's the Grey market Price ?

Welcome to Personal Finance's Private Community

Does anyone own Cred Shares 🤑 💰

Does anyone own Cred Shares 🤑 💰- Grapevine

Welcome to Indian Startups's Private Community

I was wondering if CRED has done any buybacks since the increase in its valuation, or if any buyback is going to happen soon.

I saw news there was supposed to be one in 2021 but not sure if it happened.

When was the last Cred esop/share buyback?

Data Consultant

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?

Cred

I feel cred is doomed and just trying to increase its value. 
 And the end goal is to sell the cred to someone with higher value and make money.

Product Manager

- 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

What's the deal with CRED?

Real Estate

https://www.linkedin.com/feed/update/urn:li:activity:7153989522811215872/

Now that Cred Coins have some value, looks like only the grapes 🍇 are running far behind!

#iykyk

What to do with Cred Coins? Here's the answer!

Consultant

Almost every cred user has half a million cred coins. Of what use are they?

What if cred makes their entry in crypto?

Future of Cred Coins

Is cred business model sustainable?

Investor

How is cred doing and do you think it can be profitable ?

Growth Manager

Is Cred making money?

CRED has offered four liquidation opportunities to its employees since its inception, generating a combined wealth of INR 250 Cr

Exclusive: CRED Launches 4th 'Accelerated Wealth Programme'; Records Lifetime ESOP Buyback Of INR 250 Cr

Cred doing buyback? It doesn't even make money

Hey guys if you are using Cred Mint for lending, please help. I wanted to know if you guys get the 9% return per annum as promised and what are the downside of this investment, if any. 

Also, is there any better alternative to Mint?

Cred Mint 9%

I just saw that CRED did 2,500 Cr. In revenue. Can anyone help me understand what is the source of this revenue? 


I know they have a decent size loan book, but I’m sure that doesn’t add up to 2500 cr. 

Can anyone breakdown their revenue?

CRED revenue?

Founder’s Office

- So after raising millions of dollars for "innovating in fintech", CRED has decided to get into the centuries old business of lending 

- The main company has burnt investor money mainly to build out distribution but no product. 

- Now when they decided to get into lending, Kunal Shah acquired an NBFC where he personally owns approx 80% stake and CRED owns 20% 

- Through this NBFC, CRED gives out their loans on BNPL products. Now Kunal Shah wants to slowly sell the rest of his stake to the main company CRED

- Except the NBFC is worthless without CRED's distribution. And CRED is worth a lot less without any product and Kunal Shah holds only 12% equity in the main cash-burning loss-making company after all those dilutions in funding rounds. 

- By making CRED acquire this NBFC at inflated valuations where he owns majority stake, he's gonna personally cash out once again while CRED will still have a long journey ahead of them. 

How are the CRED investors ok with this?

Do you guys know about CRED & Newtap Technologies (NBFC)?

I wanted to share one of my latest discoveries ✨

Found about this App via linkedin. As of now, its a convinient way to create FD’s without creating bank account in a particular bank. They are offerring bunch of rewards to do this . How is it different than INDmoney, Cred and 10 other Apps ? Plus they ask for a bunch of other info, gmail access etc.

Stable Money is the new CRED ?

who has highest CRED coins?

Analyst

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

How is CRED doing ?

Corporate Strategist

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?

Does anyone own Cred Shares 🤑 💰

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