Indian fintech firm Cred gets payment aggregator nod from central bank

Source: Reuters (via feed)




India’s fintech firm Cred has received approval from the country’s central bank to operate as a payment aggregator. The company announced the approval on Wednesday. Cred is backed by Tiger Global and Peak XV.

BizTrendWire Insight:

Cred obtained regulatory approval to operate in payment aggregation. This formal approval was reported by the company.


Read full story on Reuters

More From Author

Market volatility can amplify shocks to euro zone economy, ECB’s VP warns

Israel believes Iran’s new leader was lightly wounded in attacks, senior official says

Leave a Reply

Your email address will not be published. Required fields are marked *