<ul><li>Fintech unicorn CRED raised $72 Mn in a down round led by GIC’s Lathe Investment.</li><li>The funding round valued CRED at $3.5 Bn, a 45% decrease from its last valuation of $6.4 Bn in 2022.</li><li>GIC, RTP Capital, Sofina, and QED Innovation Labs were among the major investors in the Series G round.</li><li>CRED, aiming for a potential IPO in the next two years, has been expanding its offerings despite increasing losses and a rise in revenue.</li></ul>

CRED Raises $72 Mn In A Down Round From GIC, Others

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