Article Date 12/01/2021

Walmart Announces Creation of New Fintech Startup

Source Business Wire

BENTONVILLE, Ark.--(BUSINESS WIRE)--Today, Walmart announced the creation of a new fintech startup designed to develop and offer modern, innovative and affordable financial solutions. The new company is a strategic partnership with leading fintech investment firm Ribbit Capital. The venture will bring together Walmart's retail knowledge and scale with Ribbit's fintech expertise to deliver tech-driven financial experiences tailored to Walmart's customers and associates.

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