🚀 Business & Startups🇮🇳 India
Meta Reportedly In Talks To Back CRED At $4 Billion Valuation
Inc42 Media·Sunday, 21 June 2026
Tech giant Meta is reportedly in discussions to invest in or acquire Indian fintech unicorn CRED at a valuation of around $4 billion. CRED separately disclosed it has scaled biometric UPI authentication to nearly 10 million users. The company's monthly transacting users rose 14.5% to 12.6 million in FY25.
Why It Matters
A Meta-CRED deal would be one of the biggest foreign bets on an Indian fintech startup, with direct implications for how payments and credit products evolve in India.
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