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Walmart plans to offer BNPL loans through its fintech venture: Report

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

December 09, 2022 / 06:29 AM IST
 Walmart Inc

Walmart Inc

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".