CRED sold to Meta - how do Kuvera users feel about being owned by Zuckerberg?

Started by Deepika, Jun 22, 2026, 11:21 PM

Previous topic - Next topic

Deepika

First CRED and now Meta.

What will happen to our data and investments now that Kuvera is under Meta's umbrella?

Samar

I already felt uneasy being owned by Kunal Shah. Now it feels like I won't be able to use WhatsApp anymore.

Govind

HDFC AMC is getting hacked. Kuvera is further down the line. The main holder of our info getting compromised is a bigger concern.

Manoj

Nothing for me. I don't overreact unless I actually see changes.

Rohit


Abhishek

CRED wasn't sold to Meta. Meta just invested $900 million in the Indian fintech CRED, so CRED stays independent and is valued at $4.5 billion.

Rajat


Juhi

Meta and CRED are data black holes and spyware, using personal data of crores of Indians. It's clear WhatsApp will become the same, so switching away from WhatsApp soon is better.

Sahil

What's a good replacement for CRED? I only use it to pay two or three bills each month.

Prakash

Meta always wanted to integrate payments in their app, and now they might push that forward. I don't get what CRED does - they seem to separate the upper‑middle class so companies can target them better. If a CEO says people don't know what his company does, that's a red flag. I don't think CRED will go for an IPO, so maybe it's fine, but I'll remove my info. Meta is great at dopamine manipulation, so I'd rather stay away.