Walmart to Launch Fintech Startup

Walmart to Launch Fintech Startup

Walmart to Launch Fintech Startup Earlier this month, retail giant Walmart announced a strategic partnership with Ribbit Capital to create a fintech startup aimed at expanding Walmart’s financial services offerings for customers and employees. The fintech startup will...
LendUp Starts Digital Bank, Named ‘Ahead Financials’

LendUp Starts Digital Bank, Named ‘Ahead Financials’

LendUp Starts Digital Bank, Named ‘Ahead Financials’ Last week, small-dollar lender LendUp officially launched a subsidiary digital bank called Ahead Financials, offering younger customers and the emerging middle class a no-fee checking account and debit card,...
Pandemic Accelerates Americans’ Use of Digital Commerce

Pandemic Accelerates Americans’ Use of Digital Commerce

Pandemic Accelerates Americans’ Use of Digital Commerce The COVID-19 pandemic has drastically transformed how consumers behave in the economy, notably through the rising adoption of digital commerce technology. A recent survey from consulting firm McKinsey & Co....
UBS Launches $200M Fintech Portfolio

UBS Launches $200M Fintech Portfolio

UBS Launches $200M Fintech Portfolio Last month, multinational investment bank UBS launched UBS Next, a $200 million investment portfolio targeting investments in the tech sector, with a focus on fintech. The bank will use the $200 million portfolio to look at...
Pandemic Accelerates Americans’ Use of Digital Commerce

Amazon Launches Payday Advance Program for Warehouse Workers

Amazon Launches Payday Advance Program for Warehouse Workers Amazon recently launched a program called Anytime Pay, which provides payday advances  to the company’s most financially vulnerable warehouse workers, allowing them to instantly access up to half of the...

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