Meta Acquires 20% Stake in Indian Fintech Cred; Founder Appointed as WhatsApp Head

Meta Platforms (META) has acquired a 20% stake in India-based fintech company Cred and appointed its founder, Kunal Shah, to lead WhatsApp. This move marks Meta's continued expansion into the financial technology sector.

By Amy Thielen, SA News Editor · Seeking Alpha · June 22, 2026, 14:15 UTC

Tickers: $META

Topics: Cred Fintech Meta WhatsApp

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