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. Shah will step back from daily operations at CRED, where Miten Sampat takes interim charge. Meta cites founder-led product experience and India-scale usage as key drivers.

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

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.…