CRED CEO To Lead WhatsApp Globally

CRED founder Kunal Shah announced he is stepping away from day-to-day operations to lead WhatsApp globally, as Meta leads CRED's ₹8,550 crore Series H round. Miten Sampat becomes interim CEO. Shah stressed Meta has no access to member data. CRED, now valued at ₹43,239 crore, has expanded from credit card payments to a comprehensive fintech platform.