Indian fintech startup Cred will raise $900 million in a round led by Meta, but has lost its founder and CEO to WhatsApp.

Meta’s $900 million CRED investment puts fintech founder Kunal Shah in charge of WhatsApp as the app pushes deeper into commerce and payments.

Meta invested $900 million for 20% of the India-based fintech firm and tapped Kunal Shah to succeed Will Cathcart at the ...

WhatsApp gets a new boss, as Will Cathcart moves to a new role at Meta, while Shah steps down as CEO of Indian fintech giant CRED to replace Cathcart.

By Ashwin Manikandan and Abinaya V June 22 (Reuters) - Meta Platforms will invest $900 million in Indian fintech startup CRED, valuing it at $4.5 billion, while tapping CRED's founder Kunal Shah to ...

Kunal Shah has resigned from Cred's board and promoter role after being appointed WhatsApp Global CEO. Meta Platforms ...

New Delhi: CRED founder Kunal Shah is all set to join Meta to lead WhatsApp at the global level. According to the reports, Meta is investing USD 900 million (approximately Rs 8,550 crore) in CRED.

The Cred founder exits the company's board and promoter group while retaining a 20% stake, as Meta's investment values the ...

Meta acquires a minority stake in Cred through a $900 million investment and appoints founder Kunal Shah as global head of WhatsApp ...

Meta's decision to invest about ₹8,550 crore ($900 million) in the Indian fintech company CRED and appoint its founder, Kunal Shah, as the new global head of Wh ...

In a surprise move, Meta has named CRED founder Kunal Shah to be the next CEO at WhatsApp, replacing Will Cathcart. This is a big moment for Indians — Shah’s elevation marks yet another entrant to the ...

Meta acquires a 20% stake in Cred through a $900 million investment and plans to appoint founder Kunal Shah as WhatsApp’s new chief ...