Indian fintech CRED to invest in lending partner LiquiLoans

CRED plans to invest about $10 million in its lending partner LiquiLoans as the Indian fintech startup broadens its ownership in financial services, TechCrunch has learned and confirmed.
The Bengaluru-headquartered startup’s investment in Mumbai-headquartered LiquiLoans increases the lender’s valuation to close to $200 million, the firms said in a statement.
CRED partnered with LiquiLoans last year to launch CRED Mint, a service that allows CRED customers to lend to one another at an interest rate of up to 9% annually. “Their work has helped expand access to credit, and we lo

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