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 ...
Cred founder Kunal Shah will replace Will Cathcart, who has led WhatsApp for roughly seven years, as Meta deepens its push into India ...
Meta’s $900 million CRED investment puts fintech founder Kunal Shah in charge of WhatsApp as the app pushes deeper into commerce and payments.
The platform operates a members-only financial rewards programme that targets users with high credit scores and offers them rewards and discounts ...
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 ...
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.
While the tech giant has explored investing tens of millions of dollars in Cred as primary capital, it has also evaluated other options, including a full acquisition of the company and bringing ...
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.
Meta's decision to invest about ₹8,550 crore ($900 million) in the Indian fintech company CRED and appoint its founder, Kunal Shah, as the new global head of Wh ...
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 ...
CRED grew its operating revenue by a staggering 255% to $168.1 million in the financial year ending March as the fintech startup, which garners an unusually high level of attention, finds rising ...