Report: Walmart and Ribbit Lead FinTech One's $300 Million Funding Round
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Walmart and Ribbit Capital are leading a $300 million funding round for FinTech startup One, valuing it at $2.5 billion pre-money. Walmart is the majority owner of One.
December 12, 2024 | 5:30 pm
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Walmart is leading a $300 million funding round for FinTech startup One, which it majority owns, potentially enhancing its financial services portfolio.
Walmart's leadership in the funding round for One indicates a strategic move to strengthen its position in the financial technology sector, which could positively impact its stock by expanding its service offerings.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80