3 outlets·3 reports·over 2h
Meta invests $900M into Indian fintech startup Cred, and plans to appoint Cred founder Kunal Shah as the new leader of WhatsApp, replacing Will Cathcart (Kurt Wagner/Bloomberg)
ThinkingNews Desk · how this was written
Meta has invested $900 million in the Indian fintech startup Cred, acquiring a one-fifth ownership stake. Concurrently, the company has appointed Cred founder Kunal Shah as the new head of WhatsApp, succeeding Will Cathcart. The moves signal Meta’s strategic push into both financial services and leadership renewal for its messaging platform.
Written from all 3 reports below, not from any single one.
How it was reported
- TechMeme·Meta invests $900M into Indian fintech startup Cred, and plans to appoint Cred founder Kunal Shah as the new leader of WhatsApp, replacing Will Cathcart (Kurt Wagner/Bloomberg)
- The Next Web·Meta buys a fifth of Cred, and a new WhatsApp boss
- TechCrunch·WhatsApp gets new chief as Meta taps India’s CRED founder Kunal Shah, and invests $900M in startup
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