Meta invests $900M in Cred, appoints founder Kunal Shah to lead WhatsApp
The deal gives Meta a 20% stake in the Indian fintech startup and signals a massive bet on turning WhatsApp into a payments powerhouse
Meta Platforms Inc. (META) price
Full chart and statsLoading chart…
- Last close
- $625
- Close-to-close change
- +2.0%
- Market cap
- $1.6T (all share classes as of 2026-10-16) cover page
- P/E (trailing)
- 21.3 (EPS to 2026-09-30)
- Annual revenue
- $201.0B USD (FY ended 2025-12-31) 10-K
- Annual revenue growth
- +22.2% (FY ended 2025-12-31 vs FY ended 2024-12-31) 10-K
- Annual net income
- 60,458,000,000 USD (FY ended 2025-12-31, attributable to the company) 10-K
- Annual operating margin
- 41.4% (FY ended 2025-12-31)
- Forward P/E
- Unavailable: no dated forecast source
Gloria daily close for session Oct 29, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.
Meta Platforms Inc. and its peers
| Company | Price | Market cap | P/E (trailing) | Forward P/E | Annual revenue (USD) | Annual revenue growth | Annual net income (USD) | Operating margin |
|---|---|---|---|---|---|---|---|---|
|
|
$625 | $1.6T | 21.3 | Unavailable | $201.0BFY ended 2025-12-31 · 10-K | +22.2%FY ended 2025-12-31 vs 2024-12-31 · 10-K | 60,458,000,000FY ended 2025-12-31, attributable to the company · 10-K | 41.4%FY ended 2025-12-31 |
|
|
$282 | $3.5T | 14.7 | Unavailable | $402.8BFY ended 2025-12-31 · 10-K | +15.1%FY ended 2025-12-31 vs 2024-12-31 · 10-K | 132,170,000,000FY ended 2025-12-31, attributable to the company · 10-K | 32.0%FY ended 2025-12-31 |
|
|
$284 | $3.5T | 14.8 | Unavailable | $402.8BFY ended 2025-12-31 · 10-K | +15.1%FY ended 2025-12-31 vs 2024-12-31 · 10-K | 132,170,000,000FY ended 2025-12-31, attributable to the company · 10-K | 32.0%FY ended 2025-12-31 |
|
|
$255 | $85.5B | 19.6 | Unavailable | $5.5BFY ended 2025-12-31 · 10-K | +70.0%FY ended 2025-12-31 vs 2024-12-31 · 10-K | 3,333,751,000FY ended 2025-12-31, attributable to the company · 10-K | 75.8%FY ended 2025-12-31 |
Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.
Sources: SEC filings, Gloria daily closes and CoinGecko. Oldest record refresh: Oct 29, 2026, 12:56 PM EDT. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.
Token vs underlying stock
Current comparison for META. Historical observations may postdate this article.
METAx token unit vs META share · USD
+6.2% over displayed period
● METAx token┄ META stock: $624.52
Source: CoinGecko + Gloria · Retrieved Oct 30, 00:51 UTC
Methodology and data
Split-adjusted regular-session stock closes from the existing Gloria shared history, paired only with an observed token price within 45 minutes of 16:00 New York time. Up to 60 matched sessions. No interpolation or missing-date fill. Weekends and known early closes are omitted. Token units are not adjusted for issuer multipliers or dividend treatment. This compares quoted prices, not fair value, executable premiums or arbitrage returns. Solid line: token. Dashed line: stock. Exact quote times and values appear below. Historical observations. Retrieval refers to the token source. Token quote times use UTC. The fixed cohort shows its oldest member fetch.
| Date (UTC) | Token (USD) | Stock close (USD) | Token quote (UTC) |
|---|---|---|---|
| 2026-08-06 | 589.91 | 589.90 | 2026-08-06 20:00 |
| 2026-08-07 | 592.96 | 592.10 | 2026-08-07 20:00 |
| 2026-08-10 | 595.64 | 594.92 | 2026-08-10 20:00 |
| 2026-08-11 | 600.42 | 599.12 | 2026-08-11 20:00 |
| 2026-08-12 | 580.52 | 578.85 | 2026-08-12 20:00 |
| 2026-08-13 | 595.84 | 594.97 | 2026-08-13 20:00 |
| 2026-08-14 | 590.73 | 589.85 | 2026-08-14 20:00 |
| 2026-08-17 | 569.77 | 568.97 | 2026-08-17 20:00 |
| 2026-08-18 | 544.97 | 543.67 | 2026-08-18 20:00 |
| 2026-08-19 | 547.78 | 546.03 | 2026-08-19 20:00 |
| 2026-08-20 | 547.56 | 545.83 | 2026-08-20 20:00 |
| 2026-08-21 | 551.35 | 549.90 | 2026-08-21 20:00 |
| 2026-08-24 | 560.74 | 559.02 | 2026-08-24 20:00 |
| 2026-08-25 | 571.26 | 570.05 | 2026-08-25 20:00 |
| 2026-08-26 | 577.62 | 576.14 | 2026-08-26 20:00 |
| 2026-08-27 | 572.41 | 571.10 | 2026-08-27 20:00 |
| 2026-08-28 | 579.18 | 578.02 | 2026-08-28 20:00 |
| 2026-08-31 | 573.08 | 572.34 | 2026-08-31 20:00 |
| 2026-09-01 | 579.55 | 578.54 | 2026-09-01 20:00 |
| 2026-09-02 | 593.44 | 592.85 | 2026-09-02 20:00 |
| 2026-09-03 | 612.22 | 610.68 | 2026-09-03 20:00 |
| 2026-09-04 | 617.78 | 616.77 | 2026-09-04 20:00 |
| 2026-09-08 | 614.55 | 613.48 | 2026-09-08 20:00 |
| 2026-09-09 | 653.99 | 653.69 | 2026-09-09 20:00 |
| 2026-09-10 | 645.68 | 644.38 | 2026-09-10 20:00 |
| 2026-09-11 | 648.82 | 648.03 | 2026-09-11 20:00 |
| 2026-09-14 | 667.33 | 665.60 | 2026-09-14 20:00 |
| 2026-09-15 | 671.72 | 670.24 | 2026-09-15 20:00 |
| 2026-09-16 | 674.78 | 673.31 | 2026-09-16 20:00 |
| 2026-09-17 | 683.69 | 682.31 | 2026-09-17 20:00 |
| 2026-09-18 | 667.45 | 665.75 | 2026-09-18 20:00 |
| 2026-09-21 | 743.56 | 741.25 | 2026-09-21 20:00 |
| 2026-09-22 | 740.44 | 736.60 | 2026-09-22 20:00 |
| 2026-09-23 | 746.35 | 744.10 | 2026-09-23 20:00 |
| 2026-09-24 | 778.30 | 777.59 | 2026-09-24 20:00 |
| 2026-09-25 | 752.94 | 751.66 | 2026-09-25 20:00 |
| 2026-09-28 | 716.77 | 715.62 | 2026-09-28 20:00 |
| 2026-09-29 | 741.08 | 738.79 | 2026-09-29 20:00 |
| 2026-09-30 | 728.60 | 725.18 | 2026-09-30 20:00 |
| 2026-10-01 | 727.20 | 725.93 | 2026-10-01 20:00 |
| 2026-10-02 | 729.17 | 728.08 | 2026-10-02 20:00 |
| 2026-10-05 | 743.97 | 741.90 | 2026-10-05 20:00 |
| 2026-10-06 | 741.44 | 738.88 | 2026-10-06 20:00 |
| 2026-10-07 | 722.75 | 721.31 | 2026-10-07 20:00 |
| 2026-10-08 | 722.91 | 720.89 | 2026-10-08 20:00 |
| 2026-10-09 | 720.22 | 718.67 | 2026-10-09 20:00 |
| 2026-10-12 | 744.29 | 742.96 | 2026-10-12 20:00 |
| 2026-10-13 | 764.47 | 762.50 | 2026-10-13 20:00 |
| 2026-10-14 | 737.37 | 737.54 | 2026-10-14 20:00 |
| 2026-10-15 | 738.03 | 736.72 | 2026-10-15 20:00 |
| 2026-10-16 | 711.14 | 709.33 | 2026-10-16 20:00 |
| 2026-10-19 | 707.00 | 705.44 | 2026-10-19 20:00 |
| 2026-10-20 | 695.35 | 694.25 | 2026-10-20 20:00 |
| 2026-10-21 | 700.90 | 697.52 | 2026-10-21 20:00 |
| 2026-10-22 | 650.24 | 648.85 | 2026-10-22 20:00 |
| 2026-10-23 | 643.78 | 642.62 | 2026-10-23 20:00 |
| 2026-10-26 | 631.24 | 630.56 | 2026-10-26 20:00 |
| 2026-10-27 | 621.46 | 620.19 | 2026-10-27 20:00 |
| 2026-10-28 | 612.89 | 612.49 | 2026-10-28 20:00 |
| 2026-10-29 | 626.37 | 624.52 | 2026-10-29 20:00 |
Stock history: Gloria · Retrieved Oct 30, 00:32 UTC. Token history: CoinGecko METAx.
Quoted token and share units can have different rights, multipliers and dividend treatment. This is not an executable premium or arbitrage signal.
Meta is investing about $900 million in Indian fintech company CRED and appointing its founder, Kunal Shah, to lead WhatsApp globally.
The financing values CRED at $4.5 billion after the investment and gives Meta a minority stake of roughly 20%.
The transaction will include both new capital for CRED and purchases of shares from existing investors. Meta will not receive a board seat or access to CRED customer information.
Shah will step away from his operating role at CRED and join Meta full time as the new head of WhatsApp.
He will replace Will Cathcart, who has led WhatsApp for roughly seven years and oversaw the messaging platform’s expansion to more than 3 billion monthly users.
Cathcart will remain at Meta and move into a new role focused on using artificial intelligence to develop consumer products and applications. Meta has not disclosed details about the project.
Shah will be responsible for expanding WhatsApp’s newer business lines, including advertising, subscriptions, payments and artificial intelligence agents.
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The appointment comes as Meta looks to generate more revenue from one of the world’s largest messaging platforms, particularly in India, WhatsApp’s biggest market.
CRED was founded by Shah in 2018 and rewards members for paying credit card bills on time. Its platform has expanded into lending, insurance, wealth management and other financial services.
The company serves about 17 million members each month and processes more than 40% of India’s credit card bill payments.
CRED also manages more than $2.5 billion in lending assets for partner financial institutions and said it has reached profitability.
Miten Sampat, who has led strategy and finance at CRED since 2020, will become interim chief executive immediately.
The company said its board will review the longer term leadership structure as it works toward an eventual initial public offering.
The deal mirrors Meta’s previous strategy of investing in outside technology companies while recruiting their founders into senior leadership positions.
Meta invested more than $14 billion in Scale AI in 2025 and brought founder Alexandr Wang into the company to lead its artificial intelligence efforts.
Meta has also made several major investments in India, including its $5.7 billion investment in Jio Platforms in 2020.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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