Stratman

CRED revenue?

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?

1mo ago

jake_peralta_B99

How are you sure that doesn't add up?

Let's think on this, what are the aspects of app that are revenue for them?

Their store (ecommerce)
Companies placing their ads under rewards
Cash (the loan business)
Rent payments / education fees payments (not sure who would in their right mind pay rent/fees via credit card as most credit cards aren't giving rewards at all)
Their travel segment (people who book travel via them)
Insurance ( them selling vehicle insurance)

Now, I have no idea which area earns what revenue, but this is what I can think of based on my usage of the app

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Or get it on the stores.