Payments & Fintech #kunal shah#cred
Kunal Shah Exits CRED CEO Role to Run WhatsApp as Meta Invests $900 Million
Kunal Shah is leaving CRED's CEO position to head WhatsApp globally, as Meta invests roughly $900 million for a 20% stake in CRED, valuing it at $4.5 billion post-money. Mark Zuckerberg announced the move, with Will Cathcart stepping aside for a new product role and Miten Sampat taking over as interim CRED CEO.
Jun 23, 2026 1 source