09 December 2022

Walmart to offer buy now, pay later through FinTech venture

Written By FinTech Alliance

Walmart to offer buy now, pay later through FinTech venture

US supermarket giant Walmart is planning to offer buy now, pay later options – the Information reported. 

In Brief: 

Walmart intends to offer buy now, pay later loans to customers as soon as next year. 

It is currently building its own FinTech startup, called “One”. 

This is through a partnership with Ribbit Capital, an investment business. 

What does this mean?

Walmart’s majority owned joint venture seeks to explore FinTech opportunities that can serve and retain its customers, with lending options like buy now, pay later becoming increasingly popular. 

Read more here. 

Up Next ...
27 January 2023

Spotlight On: Marijke Koninckx

FinTech remains a male dominated industry, and for women it ...

27 January 2023

Lloyds invests £4m in driving payments app Caura

Lloyds Banking Group has invested in Caura, a motoring app ...

27 January 2023

Stripe sets one-year timetable for IPO decision

Stripe has set a 12-month deadline to decide whether to ...

27 January 2023

HMRC’s Open Banking payments via Ecospend hits £10.5bn

£123m has been processed via HMRC’s mobile app alone

More in Payments

Visa explores auto payments for crypto wallets

21 December 2022

Visa is investigating how to enable automatic recurring payments for self-custodial ...

Wise to expand US team by 250

14 December 2022

Cross-border exchange FinTech Wise has announced it will add 250 ...

NatWest’s embedded Confirmation of Payee is now being used in Payit

13 December 2022

NatWest has added new Confirmation of Payee functionality within its ...

Mastercard partners with Paysend for cross-border transactions

09 December 2022

Mastercard and Paysend have announced a new partnership to improve ...

White Papers Payments

Towards Borderless Payments: Best Practice Recommendations

17 November 2022

The inefficiency of cross border payments is well known and lags behind the improvements seen in dom...

White Papers Payments

PAYMENT INNOVATION: MYTHS AND REALITIES

04 October 2022

Every few years since 2008, a Payments Innovation Jury has been convened to investigate how innovati...

White Papers Payments

Tribe: Solving the post-pandemic payments puzzle

20 July 2022

Tribe's latest research report is based on a survey of 400 merchants, both ecommerce and multichanne...

White Papers Payments

Rise Insight report: The Power of Payments

30 June 2022

Whether you’re buying a cup of coffee, sending money abroad, or conducting a large-scale business, t...

The Card & Payments Awards

The Card & Payments Awards

02 February 2023

05:00 PM - 10:00 PM

JW Marriott Grosvenor House London, 86-90 Park Ln, London, Mayfair, W1K 7TN

Free