Meta invested $900 million in Indian fintech CRED, appointing founder Kunal Shah as WhatsApp's new global head to accelerate its payments strategy.

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.

Fintech giant Cred has secured a significant Rs 8,550 crore funding round, led by Meta, valuing the company at $4.5 billion. As part of the transaction, Shah will step away from…

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

June 22 : Meta Platforms will invest $900 million in Indian fintech startup CRED, valuing it at $4.5 billion, while tapping CRED's founder Kunal Shah to head WhatsApp globally,…

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.

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…

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

Meta has invested Rs 8,550 crore in Indian fintech CRED, acquiring a 20% stake and appointing its founder, Kunal Shah, as the new head of WhatsApp.

Meta is reportedly in advanced talks to invest in Indian fintech Cred at a $4 billion valuation, with founder Kunal Shah eyed for a WhatsApp leadership

CRED plans to use the fresh capital to support growth initiatives and strengthen its path toward a public listing.

CRED founder Kunal Shah is set to become global head of WhatsApp as Meta invests about Rs 8,500 crore in his fintech startup, putting an India-based founder in charge of the…

Kunal Shah, the visionary behind CRED, is set to lead WhatsApp globally following Meta's substantial investment. Renowned for scaling CRED and previously selling FreeCharge for…

WhatsApp gets a new boss, as Will Cathcart moves to a new role at Meta, while Shah steps down as CEO of Indian fintech giant CRED to replace Cathcart.

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.…

Kunal Shah, Cred founder, appointed WhatsApp global chief as Meta invests $900 million to enhance the messaging platform's potential.

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

New Delhi, Jun 22 (PTI) Tech giant Meta will invest Rs 8,550 crore (about USD 900 million) in Indian fintech firm CRED, and has appointed its founder, Kunal Shah, as the new…

WhatsApp’s getting a new boss, and Meta’s looking to India for their pick. They just named Kunal Shah, the founder of Cred, as the next head of WhatsApp. He’s taking over from…

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…

Kunal Shah, who has previously founded and sold FreeCharge and backed a range of Indian startups, will replace Will Cathcart, who has led WhatsApp since 2019. | Business News