Meta will invest about $900 million in Indian fintech company CRED as founder Kunal Shah prepares to step away from day-to-day leadership and become WhatsApp’s next leader. The investment and leadership changes were announced on Monday, June 22, 2026. CRED said the financing values the company at $4.5 billion after the investment. The round includes primary and secondary capital and gives Meta an approximately 20% minority stake. Shah will remain a CRED shareholder, while Meta wil