Tag: Walmart

Digital payments app PhonePe joins FinTech decacorn club

Digital payments app PhonePe becomes a decacorn following the closing of a $350m funding round, which doubles its valuation to $12bn.

Walmart-backed Hazel to acquire Even and One

Hazel, the independent FinTech launched in partnership with Walmart and leading investment firm Ribbit Capital, has entered into an agreement to acquire FinTech platforms Even and ONE, as the company emerges from stealth.

Team8 launches $85m cybersecurity fund

Israeli cybersecurity venture incubator Team8 has raised $85m in new financing from a clutch of new and returning strategic investors.

Personal finance app Even bags $40m in funding

Personal finance app Even has closed a new round of funding on $40m, which will be put towards expanding its operations and the opening of a new office.

Walmart said to acquire 77% stake in Flipkart through $16bn deal

US retail corporation Walmart is reportedly acquiring a 77 per cent stake in e-commerce marketplace Flipkart in a $16bn deal.

Walmart is said to be nearing $12bn deal for majority stake...

US retail corporation Walmart is reportedly nearing a $12bn deal to buy a majority stake in e-commerce marketplace Flipkart.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week