Walmart Inc. is pumping more firepower into its fledgling financial venture, valuing the startup at $2.5 billion, signaling the company’s ambitions to move deeper into financial services. The world’s largest retailer is leading a more than $300 million funding round with investment firm Rivit Capital, according to people familiar with the matter.
post Walmart’s fintech portends race to $2.5 billion worth for banks It first appeared Bank automation news.
