Fintech CRED Gains Approval for Payment Aggregator License

CRED Wins RBI Nod for Payment Aggregator License, Gearing Up for Expansion

In a significant development for the Indian fintech landscape, CRED, a Bengaluru-based startup, has secured the much-coveted in-principle approval for a payment aggregator license from the Reserve Bank of India (RBI). This pivotal approval is set to bolster CRED's position in the market, enabling it to serve its customers more effectively and roll out new products with greater agility.