Walmart creates fintech startup, speeding push beyond retail

Walmart creates fintech startup, speeding push beyond retail

A customer carries a basket while shopping for school supplies at a Wal-Mart Stores Inc. location in Burbank, California, U.S., on Tuesday, Aug. 8, 2017. Wal-Mart Stores is scheduled to release earnings figures on August 17. Photographer: Patrick T. Fallon/Bloomberg Photo by Bloomberg

In a bid to better leverage its millions of customers, retail giant Walmart Inc. created a fintech startup to win more of their spending.