Liquidity Events
Credit card bill payment rewards platform Cred acqui-hires micro-investment app Spenny
Fintech unicorn Cred has acqui-hired Y Combinator-backed, fellow Bengaluru-based micro saving and investment app Spenny. Started in 2019 by Rathin Shah and Gaurav Arora, Spenny rounds off users' spare change from online transactions and automatically invests them in digital gold and mutual funds.
From the Venture Intelligence Incubation Deal Database:, Spenny had attracted an investment from Y Combinator in Jan 2020.
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