Report: Walmart and Ribbit Lead FinTech One's $300 Million Funding Round

Walmart and investment firm Ribbit Capital are reportedly leading a funding round of more than $300 million for FinTech startup One, which is majority-owned by Walmart.The round, which has not closed, would value One at $2.5 billion before the new money is raised, Bloomberg reported Thursday (Dec. 12), citing an unnamed source.Neither Walmart nor Ribbit Capital immediately replied to PYMNTS’ request for comment.One aims to provide financial services to Walmart’s hundreds of millions of customers and its 1.6 ...