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| Name | CRED Revenue Grows 3x In FY23 | How Does CRED Make Money? | Explained |
| Video Uploader | Video From moneycontrol |
| Upload Date | This Video Uploaded At 10-10-2023 15:30:10 |
| Video Discription | Fintech firm CRED in its recent financials report revealed its revenue stands at Rs 1,400 crore from its operations in the financial year 2023. CRED’s revenue jumped by around 250% to Rs Rs 1400 crore vs Rs 393 crore in the previous fiscal year. The Bangalore-headquartered fintech unicorn experienced a slight increase in losses, totaling Rs 1,347 crore in FY23, marking a widening from Rs 1,280 crore in the previous fiscal year. Watch this video to know how CRED makes money and what are the factors determining its widening losses. #cred #fintech #businessnews Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools. A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy. Subscribe: https://bit.ly/moneycontrolyoutube Follow us: Visit https://www.moneycontrol.com/ Facebook: https://www.facebook.com/moneycontrol/ Twitter: http://www.twitter.com/moneycontrolcom Instagram: https://www.instagram.com/moneycontrolcom/ |
| Category | News & Politics |
| Tags | moneycontrol | moneycontrol news | business news | moneycontrol pro | money control | cred | cred revenue | cred revenue model | cred growth | how does cred make money | cred app | cred finance | fintech news | cred revenue fy23 |
