EMERGING NEWS 

Walmart Teams up With Investment Firm Behind Robinhood on New Fintech Startup

“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. And they’ve made it clear they want more from us in the financial services arena,” Furner said in the statement. Ribbit is the Palo Alto, Calif., venture-capital firm. The Robinhood trading platform has surged in popularity over the past year, 

“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. And they’ve made it clear they want more from us in the financial services arena,” Walmart U.S. president and CEO John Furner said in a statement Monday. “We’re thrilled to work with Ribbit Capital in a new venture to help us deliver innovative.

“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.”

Related posts

Leave a Comment