META INVESTS $900M IN CRED, APPOINTS SHAH TO LEAD WHATSAPP
Meta is investing $900 million into Indian fintech startup Cred for approximately a 20% stake. The company will appoint Cred founder Kunal Shah as WhatsApp's new leader, replacing Will Cathcart.
Kurt Wagner / Bloomberg: Meta invests $900M into Indian fintech Cred for a ~20% stake, and plans to appoint Cred founder…
WhatsApp gets a new boss, as Will Cathcart moves to a new role at Meta, while Shah steps down as CEO of Indian fintech g…
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