[Meta Plans $900 Million Investment in Cred and Adjusts WhatsApp Management Team] According to a report by Jinse Finance on June 22, Meta plans to invest approximately $900 million in Indian fintech company Cred, acquiring about a 20% stake, with the company's post-investment valuation at around $4.5 billion. As part of the deal, Cred founder Kunal Shah will replace Will Cathcart as the head of WhatsApp, while Cathcart will transition to a new AI-related role within Meta.