Sampat said CRED is exploring potential acquisition opportunities but is not yet ready to disclose the names of the businesses it may target.
The company is looking to expand its existing credit business while also exploring secured lending as a potential new area of growth. Secured loans are backed by assets such as property or vehicles, generally making them less risky for lenders than unsecured loans.
The comments come after CRED reported its first profitable quarter. Sampat said the company expects to remain profitable as it grows.
CRED is also looking to get more value from its existing customer base. Sampat said the company’s average revenue per user, or ARPU, is around four times higher, highlighting what he described as the platform’s stronger ability to monetise its users.
The Meta funding gives CRED additional firepower to pursue acquisitions as it seeks to broaden its financial services business. However, the company has not disclosed which businesses it may seek to acquire or provided details of any potential transactions.
For CRED, the strategy now involves balancing growth with profitability—expanding its credit business, testing secured lending and using acquisitions to add new capabilities while maintaining its newly achieved profitability.Also read: Global Fintech Fest 2026: BharatPe launches AI assistant for merchants, introduces credit awareness tool
