Cred receives payment aggregator licence from RBI
Published on: March 11, 2026, 4:18 p.m. | Source: The Economic Times
Fintech startup Cred has received RBI authorisation to operate as a payment aggregator, allowing it to onboard merchants, collect payments, and manage settlements and refunds. The company now holds two licences, that is, PPI and PA. In FY25, revenue rose 16% to Rs 2,735 crore, while losses fell.
