Tagged: walmart

Walmart backed Fintech OnePay Achieves $4 Billion Valuation Milestone

OnePay, the fintech company supported by retail giant Walmart Inc. (NYSE:WMT), has reached a valuation of more than $4 billion, marking a significant leap in its growth trajectory. This new milestone came through a recent share buyback program for employees, which priced the company’s shares at… Read More

Alphabet owned Wing to Expand Drone Delivery Service to More Walmart Stores

Alphabet‘s (aka Google) (NASDAQ:GOOG) drone subsidiary, Wing, unveiled plans on Sunday to broaden its rapid delivery network in partnership with retail giant Walmart (NYSE:WMT). This year alone, the service is set to reach an extra 150 Walmart outlets, bringing ultrafast, on-demand drone shipments to shoppers… Read More

Nasdaq Adds Walmart to Nasdaq-100, Drops AstraZeneca in Index Reshuffle

Nasdaq said Walmart Inc (NYSE:WMT) will join the Nasdaq-100 Index and a set of related benchmarks on Jan. 20, 2026, replacing AstraZeneca, in a change that could prompt portfolio rebalancing among funds that track the widely followed gauge. The exchange operator said the move will… Read More

Walmart-backed OnePay Goes Live with Bitcoin Payments for 150 Million Weekly US Shoppers

Walmart (NYSE:WMT) is incorporating Bitcoin as a payment option. While the retail giant’s decision to accept the digital asset was initially revealed last year, the renewed coverage underscores Bitcoin’s steady march toward broader integration in global retail. This move by one of the world’s largest… Read More

Walmart backed Fintech OnePay to Launch Bitcoin and Ethereum Trading

OnePay, a financial technology company that is owned by Walmart, is introducing Bitcoin and Ethereum trading services to its mobile app, according sources familiar with the matter and as cited by CNBC. The Fintech company is said to be working cooperatively with stablecoin and crypto… Read More

Walmart Business and TreviPay Aim to Enhance Pay By Invoice Initiative

Walmart (NYSE:WMT) is entering an alliance that aims to transform how companies handle their purchasing needs. TreviPay, a provider of business-to-business (B2B) payment solutions, announced a deepened partnership with Walmart Business to advance the retailer’s Pay By Invoice initiative. This collaboration marks a pivotal expansion, introducing… Read More

Walmart backed Fintech OnePay Expands Services with Wireless Plans

OnePay, a Fintech startup majority-owned by Walmart, has introduced its own branded wireless service, OnePay Wireless. Launched this month, this offering is reportedly available through the OnePay app, marking a key milestone in the company’s goal to evolve into an all-in-one “super app” for US… Read More

OnePay and Synchrony to Launch Credit Card Program with Walmart

OnePay, a consumer fintech, and Synchrony (NYSE: SYF), a  consumer financial services company, announced a partnership to power a credit card program with Walmart (NYSE: WMT). The credit card program is expected to launch this fall, “with the experience embedded inside the OnePay app and… Read More

Affirm Comments on Klarna, OnePay Taking Over BNPL Service for Walmart

Earlier today, it was reported that Affirm (NASDAQ:AFRM) had been pushed out from one of the largest retailers in the world. Klarna, expected to soon become a public company, had announced partnering with OnePay to supplant Affirm in providing buy now pay later (BNPL) services… Read More

Klarna to Power Walmart’s BNPL Service in OnePay Partnership

Klarna, a European Fintech, says it will step in and now offer Walmart (NYSE: WMT) customers its buy now pay later (BNPL) service in partnership with OnePay. OnePay is a consumer Fintech backed by Walmart and Ribbit Capital and already used on the Walmart platform…. Read More

CFPB Sues Walmart and Branch Messenger for “Illegally” Opening Deposit Accounts for Delivery Drivers

The Consumer Financial Protection Bureau (CFPB) sued Walmart (NYSE: WMT) and Branch Messenger for forcing delivery drivers to use costly deposit accounts to get paid and for deceiving workers— “last mile” drivers in Walmart’s Spark Driver program—about how they could access their earnings. The CFPB’s… Read More

BNPL Fintech Affirm Expands Services with Walmart to Provide Flexible Pay Over Time Options to Self-Checkout Kiosks

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced it has expanded its services with Walmart in order to “bring Affirm’s transparent and flexible pay-over-time options to self-checkout kiosks at over 4,500 Walmart stores in the United States.”… Read More

Indian Fintech Platform PhonePe Secures Additional $200M in Funding from Walmart

PhonePe, one of India’s largest Fintech platforms, announced it has raised an additional $200 million in primary capital from Walmart, at a pre-money valuation of $12 billion. This new funding reportedly comes as “a part of PhonePe’s ongoing fundraise of up to $1 billion in… Read More

Walmart, Citi Introduce Bridge to Walmart Suppliers

Walmart (NYSE: WMT) and Citi (NYSE: C) are collaborating to introduce the Bridge built by Citi platform (Bridge) to Walmart’s 10,000 small- and medium-sized businesses (SMBs) in their US-based supplier network. Bridge is “a digital platform that connects SMBs with a diverse group of more… Read More

Fintech Hazel Announces Merger Agreements with Even and ONE so they can Improve Consumers’ Financial Lives

Hazel, the independent Fintech launched in partnership with Walmart (NYSE: WMT) and investment company Ribbit Capital, has announced that it has entered into definitive agreements to “acquire fintech platforms Even and ONE, marking the startup’s emergence from stealth mode.” The transactions, which are set to… Read More

Walmart Canada Introduces Interac Debit Payments for Digital Commerce Shopping via Walmart.ca and Walmart Mobile App

Walmart Canada and Interac Corp. have announced that they have teamed up to provide  Walmart Canada clients the option to make payments with Interac Debit via Walmart.ca and in-app. As of December 8, 2021, Walmart Canada clients are able to check out using Interac Debit… Read More

Walmart Offers Greater Convenience to Clients by Expanding Bill Payment, Cash Loading Services

Walmart (NYSE: WMT) and InComm Payments, a payments tech firm, has unveiled  a more convenient and effective way for clients to settle their bills or top-up prepaid accounts nationwide at over 4,700 Walmart locations in the US via VanillaDirect. Bringing this service to Walmart stores… Read More

Fraud Protection Must Be Priority For BNPL Merchants

As is the case with any technology, when a new service becomes popular, it will also grab the attention of fraudsters. The latest process to get this treatment is the buy now pay later (BNPL) sector, a service recently adopted by Walmart and Target. With… Read More

Walmart Partnership with Litecoin Fake News [u]

Update: Reports are now circulating that the Walmart/Litecoin partnership is fake news. A release was distributed via a prominent news service earlier this morning highlighting the partnership between the global retailer and top crypto. CI reported earlier today that Walmart would be partnering with Litecoin… Read More

Walmart Is Looking for a Digital Currency and Cryptocurrency Product Lead

The Walmart (NYSE: WMT) location in Bentonville, Arizona is looking for a Digital Currency and Cryptocurrency Product Lead. As noted in the job description, Walmart appears to be looking for a professional who is passionate about virtual currencies and “driven by opportunities to scale new… Read More

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