CRED has announced significant upgrades to its services. The platform has been officially recognised as a Customer Operating Unit (COU) on the Bharat Bill Payment System (BBPS). With this, credit card ...

Meta Platforms Inc. is investing $900 million into Indian fintech startup Cred, with plans to appoint its founder, Kunal Shah, the new leader of WhatsApp.

By Ashwin Manikandan and Abinaya V June 22 (Reuters) - Meta Platforms will invest $900 million in Indian fintech startup CRED, valuing it at $4.5 billion, while tapping CRED's founder Kunal Shah to ...

Meta’s $900 million CRED deal and Kunal Shah’s move to lead WhatsApp could reshape India’s fintech, payments, and digital commerce landscape while strengthening Meta’s presence in its largest market.

Earlier this month, Moneycontrol exclusively reported that Meta had held discussions to invest in Cred at a $4 billion valuation, with talks also exploring a potential operating role for founder Kunal ...

Meta’s $900 million CRED investment puts fintech founder Kunal Shah in charge of WhatsApp as the app pushes deeper into commerce and payments.

WhatsApp gets a new boss, as Will Cathcart moves to a new role at Meta, while Shah steps down as CEO of Indian fintech giant CRED to replace Cathcart.

Kunal Shah steps down as Cred CEO to become global head of WhatsApp as Meta invests ₹8,550 crore ($900 million) for a 20% stake in the Indian fintech. Learn how the Series H deal, leadership reshuffle ...

Meta Platforms is investing $900m in Indian fintech company Cred in a deal that values the business at $4.5bn, while Cred founder and CEO Kunal Shah exits to head WhatsApp. The tr ...

Kunal Shah transitions from leading CRED to becoming WhatsApp's global head, with Meta investing $900 million in CRED.

Meta has invested Rs 8,550 crore in Indian fintech CRED, acquiring a 20% stake and appointing its founder, Kunal Shah, as the new head of WhatsApp.

The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for ...