Why Meta wants your CREDit score

Speaker 1· Host0:00

[upbeat music] Hello, folks. You're tuned into Finshots Daily. In today's episode, we explain why Meta is the last big tech company yet to crack India's payments market and what it's doing about it. Before we begin, here's a quick word from Team Ditto. Life can be unpredictable, and if the main earner is not around, the bills won't stop. That's why term insurance is so important. It gives your family a fixed payout so they can cover school fees, EMIs, and daily expenses without stress. If you buy it early, you can get a one crore cover for as little as 1,000 rupees a month, and the premium stays the same for your entire policy term. That's real peace of mind at a very small cost. And if you're not sure which plan is right for you, book a free call with Ditto. No spam, just honest guidance. And we're trusted by over eight lakh people for their health and term insurance needs. Now, back to the story. For years, CRED has occupied a strange place in India's startup ecosystem. It's one of the country's most recognizable fintech brands, commands a fiercely loyal user base, and has steadily expanded from credit card bill payments into lending, UPI, rent payments, and wealth products. Yet, every conversation about the company circles back to the question: how exactly does CRED make money? And it's a fair question because for all its popularity, CRED remains a company that's still figuring out the economics of its business. While revenue has grown steadily over the years, profitability