Meta Invests $900M in Indian Fintech Startup Cred; Kunal Shah Appointed as WhatsApp Head

Meta has invested $900 million into India-based fintech startup Cred, acquiring a roughly one-fifth stake at a post-money valuation of $4.5 billion. As part of the deal, Cred founder Kunal Shah will take over leadership of WhatsApp from Will Cathcart.

By Cris Tolomia Mon, June 22, 2026 at 5:02 PM GMT+3 2 min read · Yahoo Finance · June 22, 2026, 14:02 UTC

Tickers: $META

Topics: Cred fintech investment leadership change Meta WhatsApp

Read the full article at Yahoo Finance

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