Meta invests $900M in Indian fintech CRED, valuing firm at $4.5B
Reported by Reuters
Sentiment
Neutral
Importance
7
Price
$571.75
Mkt Cap
$1.465T
52W Low
$520.26
52W High
$796.25
Market data snapshot near publication time
Summary
Meta Platforms is investing $900 million in Indian fintech firm CRED, which is valued at $4.5 billion post-money. This strategic investment expands Meta's footprint in the growing Indian fintech market. While a substantial sum, the investment represents a relatively small allocation compared to Meta's overall market capitalization and recent large-scale AI infrastructure commitments.
At the time of this announcement, META was trading at $571.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.5T. The 52-week trading range was $520.26 to $796.25. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.
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META
Jun 23, 2026, 6:15 AM EDT
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Jun 23, 2026, 3:13 AM EDT
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$559.89
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$1.431T
META
Jun 22, 2026, 9:28 AM EDT
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$571.75
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Market Cap:
$1.431T
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$577.60
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$1.431T
META
Jun 17, 2026, 3:13 AM EDT
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$598.11
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$559.89
Change:
-$38.22 (-6%)
Market Cap:
$1.431T
META
Jun 16, 2026, 8:19 AM EDT
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$593.50
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$559.89
Change:
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$1.431T
META
Jun 15, 2026, 4:38 AM EDT
Price at Filing:
$580.12
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$559.89
Change:
-$20.23 (-3%)
Market Cap:
$1.431T
META
Jun 14, 2026, 7:01 PM EDT
Price at Filing:
$569.06
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$559.89
Change:
-$9.16 (-2%)
Market Cap:
$1.431T
META
Jun 13, 2026, 3:13 AM EDT
Price at Filing:
$569.06
Real-time Price:
$559.89
Change:
-$9.16 (-2%)
Market Cap:
$1.431T
META
Jun 12, 2026, 5:19 PM EDT
Price at Filing:
$567.63
Real-time Price:
$559.89
Change:
-$7.74 (-1%)
Market Cap:
$1.431T