CRED's Kunal Shah reportedly named WhatsApp global CEO as Meta bets $900M on fintech tie-up
Kunal Shah is said to take over WhatsApp's global helm from Will Cathcart, while Meta invests roughly $900 million in CRED at a $4.5 billion valuation. The move signals a deeper India-led push into payments and consumer fintech via WhatsApp's distribution.
CRED founder Kunal Shah reportedly named WhatsApp global CEO, replacing Will Cathcart. Meta is investing about $900 million in CRED for a minority stake at a $4.5 billion valuation, strengthening India fintech and payments play.