Kunal Shah's Cred scales biometric UPI users to near 10 million
Bengaluru, June 19 -- Cred is close to crossing 10 million users on its biometric authentication feature for UPI payments, according to an internal message shared by founder Kunal Shah with employees, as the fintech startup expands its payments play.
Mint has seen an internal message from Shah to employees saying Cred is close to 10 million users using biometric authentication for payments. The company launched biometric authentication for UPI payments in March, allowing users to approve transactions using fingerprint or face recognition instead of entering a personal identification number (PIN).
Since then, other apps, including PhonePe and Amazon Pay, have also rolled out biometric UPI authentication, as more fintech players move to m...
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