Cred's Secured Loans: Transforming Portfolio Dynamics

CosmicTaco · 2025-02-27T11:01:23.684003+05:30

- Cred's Kunal Shah reveals that it took 18-24 months to develop their mutual fund-based lending product, emphasizing the need for a frictionless user experience. - The product required integration with multiparty APIs and lending partners, aiming for a seamless customer journey. - Shah highlights that secured loans, previously limited to ultra-HNIs, are now accessible to retail investors, addressing their need for lower interest rates. - Cred aims to establish secured loans as a market standard, much like their previous offerings in credit-card bill payments and personal loans. - The focus remains on long-term customer benefits and building products that align with consumer needs, avoiding speculative ventures like F&O. Source: [TheArc](https://www.thearcweb.com/article/cred-kunal-shah-fintech-lending-secured-loans-unsecured-AUM-7zInvm85mMEIGjPA)

Cred's Kunal Shah reveals that it took 18-24 months to develop their mutual fund-based lending product, emphasizing the need for a frictionless user experience.
The product required integration with multiparty APIs and lending partners, aiming for a seamless customer journey.
Shah highlights that secured loans, previously limited to ultra-HNIs, are now accessible to retail investors, addressing their need for lower interest rates.
Cred aims to establish secured loans as a market standard, much like their previous offerings in credit-card bill payments and personal loans.
The focus remains on long-term customer benefits and building products that align with consumer needs, avoiding speculative ventures like F&O.

Source: TheArc