"Meta is reportedly in talks to invest in Bengaluru-based fintech CRED at a valuation of around $4 billion, according to Moneycontrol. Discussions remain exploratory and no final decision has been made. The move could help Meta build an end-to-end commerce and payments ecosystem across Facebook, Instagram, WhatsApp, and CRED. Despite processing billions in transactions, India’s UPI market remains dominated by PhonePe and Google Pay, which together control nearly 80% of transactions."