What is the response of cred to cheq ?
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What is the response of cred to cheq ? I thought this space will heat up but the cold response from cred is surprising !
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Cred not getting any funding now. They have no other option other than reducing cash burn.
Either they'd shut shop soon or will get acquired by some other fintech or banks (like freecharge was taken over by axis bank)...
Cred is stopping shitty coin generator in response
Fast and quick that's it.
Cred has become big, it is not restricted to cc bill payments, rather they have become an e-commerce, a loan app and a payment gateway
Cred is incurring losses but has potential to be one of the better startups. Already, have data of all the customers (data is the new Gold!) and so much scope to improve.
Having said that, Cred have exhausted their funding and I think waiting for Cheq to blow out as it is not possible to spend so much plus we Indians dont have the loyalty which is in Western countries (Even a single rupee benefit and we change our preference). For Cred, it is a waiting game now..
What do you do with that data? What do they really have as data?
They stopped giving even that chiller 3rs out of those 5 spins.