Meta in talks to invest in Kunal Shah's Cred
Meta is reportedly negotiating an investment in Indian fintech Cred, founded by Kunal Shah. Deal size, valuation and structure remain undisclosed. Cred caters to affluent Indian consumers across credit card payments, lending and broader financial services, signaling Meta's deeper India fintech ambitions.
Meta is reportedly in talks to invest in Indian fintech Cred, founded by Kunal Shah. Deal size, valuation and structure undisclosed. Cred serves affluent Indian users across credit card payments, lending, and financial services.
Why this matters
Builds on reports of Meta backing Cred at a $4B valuation, with later signals pointing to a ~$900M check at $4.5B and Kunal Shah potentially leading WhatsApp globally.
Retail-company activity steady with 3,464 signals over the last 90 days.