Parth Gupta

A lite engineer & an adventurer at heart | Building @cred_club | BITS Pilani

[Vinod Chendhil @vinodchendhil]

Crazy to see that he has only 2k followes here. Jayant bhai idhar bhi post kardo yaar. X has a better reach to the top guys in the gov and biz.

[miten sampat @miten]

In 2020 when I joined @kunalb11 at CRED, I was drawn to the incredible team and a contrarian idea – “not everyone gets it”

we had ~1M members & $750M TPV

fast forward to 2026, CRED’s impact among India’s most creditworthy is clear, we now serve 17M members & process $100B in TPV

we’ve built with taste, always keeping our members' trust & financial progress as our north star

this momentum is the outcome of ambition, craft, ownership and relentless standards of our team at CRED.

Meta’s $900M minority investment is a booster in our plans to build an enduring institution with an eventual public listing. Meta will be a passive financial investor with no-access to customer data.

Kunal: thanks for being thankless and always 5x-ing each target.

proud to build the next phase of CRED with the best team in Indian fintech.

back to work 🚀

[Kunal Shah @kunalb11]

It’s been a minute.

2015–2018
- Exited FreeCharge. Spent time learning and investing.
- Pondered about: Why can't trust be rewarded? Started with $1M of personal capital.
- Launched CRED to reward people for paying credit card bills on time.

2019–2025
- Built a system run by a team that values ownership, judgment, and craft.
- Grew from 0 to 17M members by aligning incentives with behaviour.
- Built several products during COVID lockdowns.
- Raised $900M+ from global investors. Did 4 ESOP buybacks.
- Made Indiranagar and IPL ads slightly more interesting.
- Received a full stack of regulatory licences.
- Lost 35 kilos.
- Scaled from 0 to ~$325M ( ~₹3,200 crore) in annual revenue across payments, lending, insurance, commerce, wealth, and credit cards.
2026
- First profitable quarter (yet occasionally asked what our business model is)
- Raised another $900M from Meta in primary and secondary capital.
- Announcing our 5th ESOP buyback.

Today

CRED is ready for its next phase. I am stepping back and @miten steps in as interim CEO, partnered with an incredibly talented team. He has been heading strategy and finance and suffering me since 2020. I’m stepping away from the operating role and will continue as a shareholder. My commitment doesn’t change. Just the role.

Extremely grateful to our members, partners, regulators, and investors who made this possible. And to our board, Shailendra, Micky, Saurabh for their extraordinary conviction.

Team CRED, I’ll still expect you to be a 10x version of yourselves.

As for me, I’ll be joining Meta to lead WhatsApp globally.

Meta comes in as a minority investor in CRED. No access to member data.

While it’s come very far, the delta between WhatsApp today and its full potential is massive. I look forward to working with Mark, Chris, and the leadership across Meta for the next step in WhatsApp’s journey. Will, thank you for scaling something the world relies on quietly, and for making this transition smooth.

Onwards.

[Anoop Kumar @anoopkumar_ch]

A little more convenience, every month.

Live now on CRED app

AutoPay for your credit card bills
Pay all your credit card bills in one go

[Aj @catmomtobe]

Guys mujhe Bangerlore ka menu word by word yaad ho gaya hai. I can start taking orders now, thanks to every 3rd person on twt for posting it

[Mark Manson @Markmanson]

The past isn’t as good as you remember, the future isn’t as bad as you fear, and the present is never as clear as it seems.

[femiiiiii. @femiiiszn]

the AUDACITY of my body to be tired after i gave it 8 hours of sleep. like bro i gave you everything.

[Paarug Sethi @paarugsethi]

diet coke shortage creates hard men
hard men create diet coke abundance
diet coke abundance creates soft men
soft men create diet coke shortage

[Rahul Chhabra @rahulchhabra07]

you can now control things with your brain. literally.

we're building the most wearable BCI on the planet, with @sabi, backed by @khoslaventures @accel @initialized & @kevinweil.

we collected the world’s largest neural dataset and trained the most capable Brain Foundation Model.

then we invented a new class of biosensors powered by custom ASICs.

type without typing. click without clicking. a cap that lets your brain do the work.

we’re sabi.

[ishmohit @ishmohit1]

Rules to live by at @soicfinance

[miten sampat @miten]

building Surplus ₹₹₹ to buy the dip!

DM for invites.

[CRED @CRED_club]

new password: you.

[Kunal Shah @kunalb11]

CRED started with a simple idea: the trustworthy deserve to progress.

Eight years on, it has become a club of 1.5 crore creditworthy Indians who are deliberate about how they earn, build, grow, and live.

Progress compounds when sharp people help other sharp people think better.

So we’re building something new and are curating residents for that initiative : exceptional people, willing to share their time and judgement with CRED members.

Our founding residents are A-players in money, careers, relationships, wellness, and more.

Excited about this next stage of the club.

[Dr. Tanmay Motiwala @Least_ordinary]

@narendramodi Investors right now 🤣

[Manchester United @ManUtd]

What it means ❤️‍🔥

[Kunal Shah @kunalb11]

CRED e₹ wallet beta is live. Not just another fintech play; CBDC is a fundamental shift in how India moves money: instant, programmable, RBI backed. Starting with select members soon on this exciting journey.

Grateful to @RBI for the vision and continuing their streak of being the most innovative regulator.

The future isn't coming, it's here.

[Manchester United @ManUtd]

Justice.

[Kunal Shah @kunalb11]

More Money. More Problems.
Not anymore.

[Gems Of Replies @GemsOfReplies]

gOLD #Budget2024

[India Wants To Know: India's First Panel Quiz Show @IWTKQuiz]

20 years ago, we were reminded that good films need not make money, & films that make good money need not be great!

On June 18, 2004, Lakshya was released, telling the story of an aimless rich youngster who joins the Indian Army & discovers his true goal.

A thread🧵