Meta paid about $900 million for a slice of CRED and walked away with its founder. The stake is the smaller story. The wager is whether one man's feel for payments, trust and the Indian wallet survives contact with three billion users.

But why is this appointment so significant? We look back at the history of Whatsapp's acquisition by Meta, what worked, what didn't, Meta's previous unsuccessful attempts at…

Meta names CRED founder Kunal Shah as WhatsApp's new global head, signaling a major push into payments and commerce for the 3 billion-user messaging