Walmart reportedly plans to offer buy now, pay later (BNPL) through a company it backs. The BNPL will be provided by the Walmart-backed FinTech venture ONE and may be launched in 2023, The Information reported Thursday (Dec. 8). The installment payment option will join the...
Retail banking, indeed. In the most literal sense. In a move that is not a surprise — but is a seismic shift in financial services, nonetheless — Walmart is branching into bank accounts. And, by extension, bringing the banking branch into the retail aisles. Bloomberg...
In the bid to build super apps, designed to bring all manner of digital activities under one digital roof, Walmart is determined to make a big splash in a big way. As reported Wednesday (Jan. 26), the commerce giant’s FinTech startup is on track to...
To help its mission of reinventing “everyday finance,” FinTech One has closed a $40 million Series B funding round, according to an announcement from One Founder and CEO Brian Hamilton. The round, which included investments from Progressive, Foundation Capital, Obvious Ventures, Core Innovation Capital and...
April 23, 2024
For Walmart, buy now, pay later (BNPL) may offer the means by which the retail giant pushes even further into financial services and toward super app status. And the low-hanging fruit for BNPL may be found at checkout for groceries and healthcare. The move, we note, also sets the stage for competition — or perhaps […]
September 14, 2022
Retail banking, indeed. In the most literal sense. In a move that is not a surprise — but is a seismic shift in financial services, nonetheless — Walmart is branching...
December 08, 2022
Walmart reportedly plans to offer buy now, pay later (BNPL) through a company it backs. The BNPL will be provided by the Walmart-backed FinTech venture ONE and may be launched in 2023, The Information reported Thursday (Dec. 8). The installment payment option will join the checking accounts, savings accounts and debit cards already offered by […]
August 18, 2021
To help its mission of reinventing “everyday finance,” FinTech One has closed a $40 million Series B funding round, according to an announcement from One Founder and CEO Brian Hamilton....
March 17, 2020
One, a new digital banking service in the U.S., is launching with a focus on helping middle class Americans with their finances in a new way, according to a release....
April 07, 2017
One, Inc., a leading provider of cloud-based software for the insurance industry, announced the release of ClaimsPay, a claims payment solution that allows insurers to deliver instant claim payouts to...