Walmart to create fintech start-up with investment firm behind Robinhood

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Walmart says it’s creating a fintech start-up with Ribbit Capital, one of the venture capital firms behind Robinhood.

"For years, millions of customers have put their trust in Walmart to not only save them money when they shop with us but help them manage their financial needs," Furner said in a news release. "And they've made it clear they want more from us in the financial services arena."

Six percent of adults don't have a checking, savings or money market account, according to the Federal Reserve. About 16% are "underbanked," meaning they have a bank account but also use alternative financial service products, like a money order. Those Americans are more likely to turn to short-term solutions, such as a pawn shop or a payday loan, which can lead to additional charges or high interest fees.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

THE CPI CONSUMER PRICE INDEX... DOES NOT INCLUDE FOOD, ENERGY, SERVICES, MEDICAL INSURANCE or ASSETS... THE INFLATION RATE IS REALLY 15-20% PER YEAR. THE DOLLAR LOSES 15% PURCHASING POWER EVERY YEAR !!!! DUMP THE DOLLAR AND START SAVING AGAIN with BITCOIN

please see this video and use it for the show and news, NO MASKS VILLA PARK, CALIFORNIA FIREMAN FIRETRUCK 38 GIVES JOY RIDE DURING COVID PANDEMIC! I could not believe my eyes! please share

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie