Spenny 
Dealstreet

Burgeon Law acts on CRED acquisition of Spenny

The deal amount remains undisclosed.

Bar & Bench

Fintech unicorn CRED has acquired savings and investment platform Spenny for an undisclosed amount.

Burgeon Law advised Spenny in this acquisition deal.

The transaction team consisted of Abhisshek Singlla (Partner) and Soumya Tantia (Associate).

Abhisshek Singlla

Founded in 2019 by Rathin Shah and Gaurav Arora, Spenny is a micro-savings and investment platform that encourages users to spare a small amount of money towards savings and investment from daily transactions or online spending.

The Spenny acquisition is consistent with CRED's goal of expanding its portfolio, particularly in the fintech sector.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Also Read

Gujarat High Court gives Adani more time to respond to Journalist Ravi Nair's plea against custody in defamation case

Malviya Nagar hotel fire: Delhi High Court grants 4 weeks interim bail to owner Lovkesh Bajaj on medical grounds

JSA acts on Neogen Chemicals ₹600 crore QIP

Karnataka High Court forms SIT to probe KPSC recruitment irregularities

KPSC recruitment scam: Bengaluru court sends IAS officer Gyanendra Kumar Gangwar to 6-day ED custody

SCROLL FOR NEXT