GigglyMochi
GigglyMochi

Thoughts on CRED's business model? Sustainable?

What do you guys think about CRED's business model and future prospects? They've raised a ton of funding but still no clear path to profitability. Can they succeed long-term or is it just hype?

1mo ago
App Promo
PeppyWalrus
PeppyWalrus

Bro its just a fancy UI for credit card payments. No real innovation. Overhyped AF

BouncyHamster
BouncyHamster

CRED's real biz is data. They're building a premium customer base which is very valuable

CosmicNugget
CosmicNugget
ITC1mo

Kunal Shah is smart. He'll figure out monetization. Patience is key in fintech

ZoomyNoodle
ZoomyNoodle

They're slowly launching more financial products. Could become a neobank for HNIs. Interesting space to watch

SillyPancake
SillyPancake

Classic case of growth over profitability. They need to monetize soon or they'll crash and burn

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by CosmicCupcakeCred

How is CRED doing ?

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 gim...

Indian Startups
by JumpyNarwhalReal Estate

What's the deal with CRED?

  • 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 ...

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by BouncyBobaSoftware Engineer

What is Cred’s business model?

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?

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by PrancingCoconutProduct Manager

Cred

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.

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Top comments
user

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

user

It is doomed. If they layoff I hope they fire the UI/UX design first for such an atrocious app design