CRED taps Miten Sampat as interim CEO after Kunal Shah exits to lead WhatsApp at Meta
Founder Kunal Shah steps back from operating role to head WhatsApp globally at Meta, which has taken a $900M minority stake in CRED. Sampat, a longtime lieutenant, steers the 17M-member fintech and its $100B TPV business toward an eventual IPO.
CRED appoints Miten Sampat as interim CEO after founder Kunal Shah exits operating role to lead WhatsApp globally at Meta, which made a $900M minority investment in the fintech as it eyes an eventual IPO.
Why this matters
CRED's leadership reshuffle marks its biggest governance shift since founding, tying the fintech's future to Meta's payments ambitions while preparing the 17M-member platform for public markets under Sampat.
Leadership signals steady at 334 in the last 90 days, with founder-to-operator handoffs accelerating across fintech.