Meta plans to invest $900 million in Cred and adjust WhatsApp’s management team

格隆汇2026/06/22 14:07

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Glonhui June 22｜Meta plans to invest approximately $900 million in Indian fintech company Cred, acquiring about a 20% stake and valuing the company at around $4.5 billion post-investment. As part of the deal, Cred founder Kunal Shah will replace Will Cathcart as the head of WhatsApp, while Cathcart will take on a new AI-related position within Meta.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Meta plans to invest $900 million in Cred and adjust WhatsApp’s management team

You may also like

Crypto prices