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Walmart Pushing Hard Into Fintech Arena with Recent Acquisitions

A new fintech created and supported by retail giant Walmart will be acquiring two new companies and rebranding itself as an entity called ONE. So reports CNBC.

WalmartThe new company will work toward creating an “all-in-one app” allowing consumers to save, borrow and spend funds. Omer Ismail, who spearheaded Goldman Sachs' consumer banking efforts, is set to lead the new company.

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