- Walmart has edged into the fintech space with the launch of ONE.
- Leadership has come to ONE from firms like Goldman Sachs, Apple, and Lyft.
- Meet the 13 key leaders manning the helm of ONE, from C-suiters to product-and-engineering talent.
Walmart has hinted at its ambitions in the fintech space for nearly two years.
In January 2021, the Bentonville, Arkansas-based retail giant first announced it was pursuing a fintech venture in partnership with the venture-capital firm Ribbit Capital, which was an early backer of Robinhood.
Details on the project were scant, but it wasn’t long before Walmart was grabbing headlines again.
The following month, news broke that the project had lured two high-profile executives, Omer Ismail and David Stark, away from Goldman Sachs’ nascent consumer bank, Marcus.
The group steadily added talent from blue-chip tech and finance companies, but it kept most details of its strategy under wraps.
The secretive venture, which was once known…