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Cred detected Rs 11K crore in credit card hidden charges: Kunal Shah

Business Standard LogoBusiness Standard6h ago

Cred detected Rs 11K crore in credit card hidden charges: Kunal Shah - Business Standard

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Founder KUNAL SHAH explains the rationale behind rolling out the machine learning (ML)-powered offering, plans to extend secured credit products, and potential initial public offering (IPO) plans in an interview with Ajinkya Kawale.

Credit management platform Cred on Tuesday announced a suite of products under the Svalbard brand, including a credit line against mutual funds (MFs), a tool to predict and improve customers’ credit scores, and a non-profit entity called Cred Foundation aimed at financial literacy, representing 1 per cent of the Bengaluru-based company’s cap table.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 23:52:04 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 102 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26441678

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