BANGALORE, June 22 - Indian fintech firm CRED's founder Kunal Shah will become Meta-owned WhatsApp's new leader, the messaging app's current head Will Cathcart said on Monday in a post on X. The announcement comes after CRED announced it will raise about $900 million from Meta.

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.

Kunal Shah replaces Will Cathcart, who has been running the popular messaging service for roughly seven years | India News

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.

Entrepreneur Kunal Shah, best known for founding fintech platform CRED and digital payments company FreeCharge, has announced that he will join Meta to lead its messaging 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.