$CRED has been on a TEAR
@crediblefin posted six straight months of ~29% month-over-month growth, and
@NiceGuyShri broke down where it's coming from
The curve: $32M in December to $146M in June
- 40% remittances
- 30% creator apps
- 15% dropshipping
- 8% gaming and micro-dramas
- 7% experimental e-commerce
US and European businesses selling into emerging markets get rejected by Stripe, or wait 7-11 days for settlement and eat 7-8% FX. Credible settles them same-day (T+0), supports local payment methods, and works with the businesses Stripe turns away.
Credible is filling a HUGE gap and scaling quickly