Friday, 24 July 2026 · Europe
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EUROPES The European Report
European Edition Friday, 24 July 2026
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Tech & Startups

Meta buys a fifth of Cred, and a new WhatsApp boss

Meta buys a fifth of Cred, and a new WhatsApp boss
The Next Web

Meta is paying $900mn for a fifth of Cred, an Indian fintech. The bigger prize is its founder, Kunal Shah, who will now run WhatsApp. Meta has found its next WhatsApp boss the way it now likes to find people: by writing a cheque. On Monday, the company said it would invest $900mn in Cred. […] This story continues at The Next Web

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