🚨META STRIKES $900M CRED DEAL HIRING ITS FOUNDER TO RUN WHATSAPP Meta is investing $900M into Indian fintech startup CRED at a $4.5 BILLION valuation, with founder Kunal Shah set to take over as the Global Head of WhatsApp, replacing Will Cathcart. CRED processes over 40% of India's credit card bill payments and serves 17M monthly users. The deal gives Meta roughly a 20% stake in CRED, but no board seat and, importantly, "no access to customer data."(Coin Bureau)