ReferIndia News Cred Gets $900 Mn and Loses Its Founder: What Comes Next for the Fintech Startup

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Cred Gets $900 Mn and Loses Its Founder: What Comes Next for the Fintech Startup

Published on: June 23, 2026, 11:04 a.m. | Source: Outlook Business

Kunal Shah steps down as Cred CEO to become global head of WhatsApp as Meta invests ₹8,550 crore ($900 million) for a 20% stake in the Indian fintech. Learn how the Series H deal, leadership reshuffle and plans for an eventual IPO could reshape Cred’s role in India’s digital payments and WhatsApp’s global growth strategy.

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