Walmex joins Walmart’s fintech “plunge” — Reuters.com

Walmart de Mexico has acquired payment app Trafalgar to expand its fintech business in Mexico, just another step for Walmart’s ongoing efforts to offer financial products to its customers:

“The Walmex bet complements a drive by the U.S. retailer to establish itself in the fintech segment, even as ructions in markets have fed jitters about newer forms of financing.“

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