CosmicTaco

CRED Launches New Feature to Simplify Personal Finance Management

CosmicTaco · 2024-07-25T08:51:27.587853+05:30

- CRED, a Bengaluru-based fintech startup, introduces CRED Money to help users manage and gain insights into their cash flow. - The feature consolidates financial data from all bank accounts, allowing users to track transactions and recurring payments on a single dashboard. - Leveraging India's account aggregator framework, CRED Money ensures secure, purpose-specific access to financial data across multiple institutions. - Despite not monetizing the feature, CRED employs data science algorithms to provide actionable insights, aiding in financial optimization. - Launching in phases, CRED Money is part of the startup's broader strategy to enhance its portfolio, following the recent acquisition of Kuvera. Source: Techcrunch

CRED, a Bengaluru-based fintech startup, introduces CRED Money to help users manage and gain insights into their cash flow.
The feature consolidates financial data from all bank accounts, allowing users to track transactions and recurring payments on a single dashboard.
Leveraging India's account aggregator framework, CRED Money ensures secure, purpose-specific access to financial data across multiple institutions.
Despite not monetizing the feature, CRED employs data science algorithms to provide actionable insights, aiding in financial optimization.
Launching in phases, CRED Money is part of the startup's broader strategy to enhance its portfolio, following the recent acquisition of Kuvera.

Source: Techcrunch

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