Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Fintech Firm OnePay, Backed by Walmart, To Introduce Crypto to Banking App: Report

Fintech Firm OnePay, Backed by Walmart, To Introduce Crypto to Banking App: Report

Daily HodlDaily Hodl2025/10/02 16:00
By:by Mehron Rokhy

A fintech company backed by retail giant Walmart is reportedly going to introduce crypto assets to its banking app.

According to a new report by CNBC, anonymous people familiar with the matter say that OnePay – a firm founded in 2021 that is majority owned by Walmart – will soon be offering digital asset products such as Bitcoin ( BTC ) and Ethereum ( ETH ) to customers on its mobile application.

The report says that customers will be able to hold their crypto assets in the mobile app, convert them to cash, and then use the funds to purchase items or make credit card payments.

Last month, Zerohash – the firm that is collaborating with OnePay to bring crypto assets over to its app – raised $104 million in funding from prominent financial firms as a means of entangling itself with blue-chip institutions that are building crypto-related products.

According to the report, OnePay’s app is now ranked fifth on the Apple store’s list of free finance applications, beating out global powerhouses such as Robinhood and JPMorgan Chase.

The report also finds that every app ahead of OnePay on that list, including marquee payments apps such as PayPal and Venmo, offer digital asset products.

Though Walmart had a large hand in creating OnePay, it was made in a way that wouldn’t make it limited to customers of the retail titan, appealing to Americans who may have been disenfranchised by banks.

Generated Image: Midjourney

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

How much is ETH really worth? Hashed provides 10 different valuation methods in one go

After taking a weighted average, the fair price of ETH exceeds $4,700.

ForesightNews 速递2025/11/28 15:05
How much is ETH really worth? Hashed provides 10 different valuation methods in one go

Dragonfly partner: Crypto has fallen into financial cynicism, and those valuing public blockchains with PE ratios have already lost

People tend to overestimate what can happen in two years, but underestimate what can happen in ten years.

深潮2025/11/28 14:53
Dragonfly partner: Crypto has fallen into financial cynicism, and those valuing public blockchains with PE ratios have already lost

Balancer Rallies to Recover and Redistribute Stolen Funds After Major Cyber Attack

In Brief Balancer plans to redistribute $8 million to users after a massive cyber theft. The recovery involved crucial roles by white-hat researchers rewarded with 10% incentives. Unclaimed funds will undergo governance voting after 180 days.

Cointurk2025/11/28 14:33
Balancer Rallies to Recover and Redistribute Stolen Funds After Major Cyber Attack