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Kunal Shah named WhatsApp global CEO as Meta takes $900 million stake in CredMeta enters the cap table of fintech co-valued at $4.5 billion post-money; Miten Sampat is interim CEO. The funding comprises about $400 mi...24 Jun, 2026, 07.31 PM IST- Meta makes a $900 million super-app move in IndiaCred founder Kunal Shah, a philosophy graduate, built his platform on exclusivity for high credit scorers, now processing over 40% of India...24 Jun, 2026, 05.35 PM IST
- Kunal Shah net worth and his inCREDible journey to Meta's WhatsAppKunal Shah, the visionary behind CRED and FreeCharge, is now the Global Head of WhatsApp. This significant appointment, coupled with Meta's...24 Jun, 2026, 03.50 PM IST
- Why Meta tapped Kunal Shah; Beauty’s new factory boomHappy Wednesday! Meta just handed WhatsApp’s steering wheel to Cred’s Kunal Shah, betting he can turn India’s favourite chat app into a pay...24 Jun, 2026, 08.05 AM IST
- Why Meta’s Cred investment matters for WhatsApp Pay in IndiaMeta's substantial investment in Cred and appointing its founder Kunal Shah as global head of WhatsApp signals a major push into India's fi...23 Jun, 2026, 10.15 PM IST
- Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in CredThink tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data,...23 Jun, 2026, 06.36 PM IST
- RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...23 Jun, 2026, 05.47 PM IST
- UPI, Aadhaar banking drive 61% of MSME transactions; AI adoption rises: ReportA significant majority of retailers now feel more confident using digital platforms for daily operations, leading to increased digital paym...23 Jun, 2026, 01.39 PM IST
- The smartphone is becoming India’s most important financial advisorIndia's financial landscape is rapidly digitizing, with smartphones becoming central to everyday money management. Once separate, banking a...22 Jun, 2026, 01.51 PM IST
- PhonePe wallet inactivity fees do not affect bank accounts or UPI transactionsPhonePe clarifies inactivity fees apply solely to its prepaid wallet, not linked bank accounts or UPI transactions. Users receiving notific...20 Jun, 2026, 03.27 PM IST
- PhonePe wallet inactive? You will now be fined for not using itPhonePe is now charging a Rs 100 quarterly fee for inactive wallets. This fee applies if users have not made any financial transactions thr...19 Jun, 2026, 12.18 PM IST
- Fable 5 wake-up call; Indians chase SpaceX jackpotHappy Monday! The Fable 5 disruption has triggered fresh calls for India to build its own AI muscle. This and more in today’s ETtech Mornin...15 Jun, 2026, 07.03 AM IST
- ET Alpha Wealth Summit | BSE CEO Sundararaman Ramamurthy on building trust, fighting deepfakes, and why yuva shakti & nari shakti are future of D-StBSE MD & CEO Sundararaman Ramamurthy highlighted India's market evolution from uncertain settlements to a trust-based system, driven by tec...12 Jun, 2026, 12.30 PM IST
- ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...11 Jun, 2026, 11.00 PM IST
- 84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...11 Jun, 2026, 08.35 AM IST
- BharatPe Flex launched: Pay via UPI now, settle bills later with credit line and up to 45 days of interest-free usageBharatPe and YES Bank introduce BharatPe Flex, a new credit-on-UPI service. This facility allows eligible users to make UPI payments even w...04 Jun, 2026, 05.28 PM IST
- Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...04 Jun, 2026, 12.58 AM IST
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