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Walmart and Ribbit Capital Launch OnePay
Originally published Jun 2, 2026
By Paige Smith · Bloomberg — Technology
AI-generated summary based on Bloomberg — Technology · Aggregated by OffScreenSpace · Human-reviewed and approved on Jun 2, 2026
Key points
- OnePay is backed by Walmart and Ribbit Capital.
- The app aims to compete with Apple Pay.
- OnePay seeks to challenge traditional banks.
- It targets a broader customer base beyond its initial users.
Walmart and Ribbit Capital have launched OnePay, a financial app aiming to compete with Apple Pay. The app is designed to expand beyond its initial customer base and challenge traditional banks. OnePay seeks to become a preferred financial tool for users.
Read the original story: Bloomberg — Technology