Indian fintech firm Cred gets payment aggregator nod from central bank

Indian fintech firm Cred approved as payment aggregator by the 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

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