Meta is reportedly in talks to invest in Bengaluru-based fintech CRED at a valuation of around $4 billion, according to Moneycontrol.

Meta is reportedly in talks to invest in Bengaluru-based fintech CRED at a valuation of around $4 billion, according to Moneycontrol.

Meta is investing $900mn in India's Cred for a ~20% stake, and making founder Kunal Shah the new head of WhatsApp, replacing Will Cathcart.

Cred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. This and more in todays ETtech Top 5.

Kunal Shah leaves CRED to lead WhatsApp at Meta while retaining his shareholding in the fintech platform.

Meta has reportedly named CRED founder Kunal Shah as the next head of WhatsApp, replacing Will Cathcart, and has also reportedly made a $900 million minority investment in CRED.…

Meta invests $900 million in CRED as founder Kunal Shah transitions to lead WhatsApp globally, enhancing India's fintech landscape.

The land of WhatsApp uncles and ubiquitous 'Good morning' messages has given the blockbuster messaging platform its next global head, with Meta Platforms elevating Cred founder…