Kunal Shah exits CRED ops to lead WhatsApp globally as Meta pumps $900M into fintech
Meta is investing $900 million in CRED at a $4.5 billion valuation (~20% stake, Series H), while founder Kunal Shah steps out of day-to-day operations to become global head of WhatsApp. India will be the primary testing ground for WhatsApp monetisation, payments and commerce.
Meta is investing $900 million in CRED at a $4.5 billion valuation, while founder Kunal Shah exits operations to become global head of WhatsApp, with India set as the primary testing ground for WhatsApp monetisation, payments and commerce.