WhatsApp gets new chief as Meta taps India’s CRED founder Kunal Shah, and invests $900M in startup

AI Summary

WhatsApp appointed Kunal Shah, founder of Indian fintech firm CRED, as its new chief following Will Cathcart's transition to a new role at Meta. Additionally, Meta has invested $900 million in Shah's startup, signaling strong backing for fintech innovation.

WhatsApp gets a new boss, as Will Cathcart moves to a new role at Meta, while Shah steps down as CEO of Indian fintech giant CRED to replace Cathcart.