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investors in neobanks

Walmart

2 tracked neobanks backed · North America, Asia · walmart.com ↗

The US retail giant majority-owns One (with Ribbit Capital) as its embedded-finance play, and holds a large stake in India's PhonePe via Flipkart.

Walmart appears in the publicly disclosed early funding rounds of 2 of the 358 neobanks tracked in the open dataset. Sources are linked on each profile; this is notable-backer data from disclosed rounds, not a complete cap table.

Key people

Doug McMillon — president & CEO ↗

Portfolio

One Sacramento, US · est. 2019 traditional
PhonePe Bengaluru, IN · est. 2015 traditional · 200M MAU

Frequent co-investors

Firms appearing alongside Walmart in the same neobanks' disclosed rounds.

Ribbit Capital · 2 sharedTiger Global · 1 sharedGeneral Atlantic · 1 sharedQatar Investment Authority · 1 shared
exploreBrowse all 198 investors, or compare Walmart's portfolio companies side by side in the directory.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.