Bengaluru based start-up Cred raises $4 million from Sequoia Capital

01:10:00 PM, Saturday 27th of July 2019 | in business

Bengaluru-based credit card bill payment start-up Cred raises $4 million from Sequoia Capital India. Cred issued 20,179 Series B CCCP'S shares priced Rs.13,653.31 each. Cred will use the fresh capital to accelerate its growth, expansion, marketing, and general corporate activities. Cred is founded by Kunal Shah, is a members-only app, which gives exclusive rewards for paying your credit card bills in a timely manner.