Walmart’s fintech races to $2.5B value in omen for banks
Retailer and Ribbit lead funding round for standalone company
Walmart Inc. is pouring more firepower into its fledgling financial venture, scoring a $2.5 billion valuation for the startup and signaling its ambition to wade deeper into financial services. The world’s largest retailer is leading a funding round of more than $300 million alongside investment firm Ribbit Capital, according to people with knowledge of the […]
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