Meta / CRED 2026
Meta acquired CRED for $900M on June 22, 2026.
- Target
- CRED
- Acquirer
- Meta
- Deal value
- $900M
- Announced
- June 22, 2026
- Sub-sector
- Payments
Transaction overview
- Meta announced the acquisition of CRED on June 22, 2026 for $900M.
- The deal is expected to close pending customary conditions.
Strategic rationale
Meta becomes minority investor in Indian fintech platform to leverage founder's expertise in scaling digital payments and commerce on WhatsApp, its largest market with 500M+ users.
Deal terms & multiples
Frequently asked questions
How much did Meta pay for CRED?
Meta acquired CRED for $900M, announced on June 22, 2026.
When did Meta announce the acquisition of CRED?
Meta announced the acquisition of CRED on June 22, 2026.
What sub-sector is CRED in?
CRED is tracked in the Payments sub-sector.
Sources
- finance.yahoo.com /technology/articles/whatsapp-gets-chief-meta-taps-152142010.html