Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

In this articleCOFAFRMWMTCustomers shop in a Walmart Supercenter on February 20, 2024 in Hallandale Beach, Florida.Joe Raedle | Getty Images News | Getty ImagesWalmart's majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer's more than 4,600 U.S. stores, CNBC has learned.The move puts One in direct competition with Affirm, the BNPL leader and exclusive provider of installment loans for Walmart customers since 2019. It's a relationship tha ...