If they can milk advertisers using that data, then it would be one way to cash in. Having accurate spend data with correlation across services is a goldmine.

What about the privacy sentiment amongst users then?

Software Engineer

Very few Indians care about that tbh. I personally do, and have been a paid Proton user for years and would never use something like flash, but many others would. Data privacy regulations in India are anyways a joke.

Isn’t this the copy of branch.io? Isn’t this solved in the market?

Lawyer

Been wondering how this startup is gonna become profitable at any point. Going to be the same Cheq or CRED story at best.   For the uninitiated, they have their own flash.co email IDs that you can ...

Welcome to Indian Startups's Private Community

Been wondering how this startup is gonna become profitable at any point. Going to be the same Cheq or CRED story at best. 

For the uninitiated, they have their own flash.co email IDs that you can use for shopping, bookings, etc. that you can use to get discounts and stuff. They also have a nice order tracking UI.

Flash.co

Flash.co- Grapevine

Is Flashco a sustainable business model? I have a job opportunity with them. However, I am unsure about the longevity of email based rewards. When our reliance on personal emails is dropping in today's day and age, it raises a doubt. 

As a customer of flashco I have seen them move away from rewarding every purchase to linking rewards to unclear rules.

Do they have enough venture capital backing them? Or will they be able to raise more?

Your honest opinion will help me for sure.

Any views about Flashco's business model?

Product Marketing Manager

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 ?

How is CheQ as a company? - The culture? A person i know has a offer letter of an APM

I have doubts of their business models- Difficult to make money if you are giving cashback. Seems to me its Cred way back in 2020.

CheQ - Credit Card Payments

Venture Capital

Anyone using this?
Is it useful? 
At times I get annoyed tho when I receive emails for even trivial things, like you have this in your cart, go and order this. Why would anyone send an email for this and why can't I disable this

Flash mail

https://www.phonepe.com/press/phonepe-announces-launch-of-credit-section-on-the-app/

This could be definitively be a death nail for Cred credit card payments. PhonePe would definitively scoop up a large number of users who use Cred only for credit card payments. Thoughts?

PhonePe coming with credit card score, payments, what is then Cred for?

Product Manager

Today I learned: Freecharge still exists

Business Development Manager

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.

Shopflo laid off 28% of the team today - still don’t understand how this company exists and is hoping to make any money.

Having no idea what to do next, they’re desperate to travel to US now to try and capture market there - reminder that this is a market with Fast and Bolt, both massively funded, shut down completely 🤡

Shopflo layoffs

Investor

Welcome to Personal Finance's Private Community

Hello 👋 Grapeviners 🍇,
I have been paying my credit card bills mostly through the Bank's App, which in return gives me nothing. So, I'm looking out for some App suggestions for credit bill payment that gives good usable cashbacks or rewards.

Good Credit Card Bill Payment Apps

Debugger

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

Why is CRED spending so much on Ads ? Do they really need it ?

Senior Software Engineer

- 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

Is Cred a business or just a long party? If they are a business then how do they make money? What do they stand for - currently it just looks like a hangout place for super privileged bros?

What is Cred’s business model?

I hope they don’t merge into single app and I don’t want to keep searching what is there and get lost. It’s time consuming and worst experience.

I just heard Cred acquired Kuvera. Hope they don’t merge the app

Analyst

From CRED to PhonePe to all others, are you guys seeing your company making any money or  path to profitability?

Zerodha guys, please don’t talk 🙅‍♂️

Fintech guys, is your startup making money

Founder

Looks like CRED cashback has reduced from Rs 3 to mostly Re 1. How long before people get tired of spinning the wheel 5 times for 1 rupee?

Flash.co

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