Walmart plans to offer BNPL loans through its fintech venture - report

Walmart plans to offer BNPL loans through its fintech venture - report
Walmart plans to offer BNPL loans through its fintech venture - report Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
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- The fintech venture backed by Walmart Inc is planning to launch buy now, pay later loans as soon as next year, the Information reported on Thursday, citing three people familiar with the matter.

Walmart did not immediately respond to a Reuters request for comment.

The retail giant last year entered a strategic partnership with investment firm Ribbit Capital to create the fintech startup, known as "One".

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