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Walmart, With Eyes on Amazon, Tries to Build a Fintech Startup

Walmart Inc. is building a new weapon in its war with Inc. : a fintech startup.

The retail giant is helping launch a new company, helmed by two former Goldman Sachs Group Inc. executives, that aims to provide financial services for its millions of customers and workers. The firm is a joint venture with Ribbit Capital , known for investing in Robinhood Markets Inc. and other digital financial businesses.

Read More on The Wall Street Journal