Fintech Major Cred Launches Vehicle Management Platform


Fintech major Cred has introduced a vehicle management platform dedicated to its users. The platform, titled “CRED Garage,” will offer vehicle registration for accessing platform’s services.

The platform will offer insights into the registered vehicle’s maintenance records, performance abilities and fuel spending. It will also be available with Digilocker integration technology, which enables users to access driver’s licenses, registration certificates and insurance papers. The concierge feature will benefit users by providing roadside assistance in case of a mechanical failure during travel trips in the country, the company said in a statement.

Akshay Aedula, Product Head, Cred, said, “CRED Garage will be the solution for vehicle owners who find anxiety in managing and maintaining their own vehicles. This customised platform will enable the joy of driving and car ownership for its members.”

Cred Garage is the latest addition to the portfolio of the Bengaluru-based fintech unicorn. Over the past few months, Cred has launched four new products, namely Cred Escapes (a travel platform), Cred Flash (BNPL Products), among others.

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