Meta names CRED founder Kunal Shah as new WhatsApp head, replacing Will Cathcart, while investing $900 million in CRED to push payments and commerce.

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

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…