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Record004of 004 on the record

Kunal Shah

He founded CRED, a rewards-based credit card payments app, in Bengaluru in 2018, and stepped away from day-to-day operations in 2026 when Meta invested $900M in the company.

Fintech  /  CRED
2
Versions on record
2026
On record since
Bitcoin
Timestamped
8
Cited sources
Karnataka of Tomorrow
No. 004Fintech
Kunal
Shah
He founded CRED, a rewards-based credit card payments app, in Bengaluru in 2018, and stepped away from day-to-day operations in 2026 when Meta invested $900M in the company.
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Karnataka of TomorrowNo. 004
CRED
Founded2018 · Bengaluru
Raised$1.89B total (11 rounds)
BackersTiger Global Management, RTP Global, Sofina
Compounding moves
2018 · Founded CRED in Bengaluru
2025 · Total funding reached $1.89B across 11 rounds per Inc42, backed by Tiger Global Management, RTP Global and Sofina
2026 · Meta invested $900M in CRED at about $4.5B post-money, per Inc42 and Bloomberg coverage
2026 · Shah moved into a global leadership role at Meta-owned WhatsApp; CRED CFO-CSO Miten Sampat took over as interim CEO, per Inc42
Series 2026 · No. 004Verified July 17, 2026 · anchored
Record v2 · 8 sources on record · Last verified 2026-07-18 · Report an error →
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The record

Every field is drawn from the public record and checked against its source before it enters. Nothing here is self-reported.

Company
CRED
Founded
2018 · Bengaluru
Raised
$1.89B total (11 rounds)
Backers
Tiger Global Management, RTP Global, Sofina

Sources

Every claim above traces to a published source. These are the ones on file.

  1. Inc42 company profile
  2. Inc42 company profile
  3. Inc42 funding page
  4. CryptoBriefing, 2026
  5. CryptoBriefing, 2026
  6. CryptoBriefing, 2026

Provenance

This record has been revised 2 times. Every version is fingerprinted and timestamped to the Bitcoin blockchain, so what it said, and when it said it, can be proved by anyone without trusting this publication.

Current fingerprint · SHA-256
81e10be637c5d6d8d5ad5f9703b2ef4804acb304bec6023eec6fab4bce7bc7b8
Verify this proof independently
v1 · Minted 2026 · 07 · 17

Entered the record from public filings and credible reporting. sha256 6b04…eca0

Anchored to Bitcoin 2026 · 07 · 18

The current version’s fingerprint is timestamped to the Bitcoin blockchain across 2 versions. Provable, permanent, independent of this site.

Last revised 2026-07-18 · Raised, Backers · Full history →

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