Walmart's mobile plans and further Super App push 📲🏦; Nasdaq wants to put your Apple & Tesla shares on the blockchain 👀⛓️; Chime’s new credit card lets you earn cash back while building credit 🤔💳

FinTech is Eating the World, 12 September

Hey Everyone,

Good morning & happy Friday! Today we’re looking into Walmart, which just launched mobile plans to further push into the Super App territory (what’s the USP here, why it matters & what’s next for Walmart’s OnePay + more reads inside), Nasdaq that wants to put your Apple & Tesla shares on the blockchain (why it’s a paradigm shift in financial markets & what to expect next + bonus dive into Coinbase & Kraken’s efforts to put finance onchain), and Chime’s new credit card that lets you earn cash back while building credit (what’s the USP here & what it means for Chime + bonus deep dive into Chime’s first earnings as a public company). Let’s jump straight into the incredible stuff 🌶️

Walmart's mobile plans and further Super App push 📲🏦

The news 🗞️ Walmart-backed WMT 0.00%↑ FinTech OnePay has just entered the telecommunications sector with the launch of OnePay Wireless, a prepaid mobile service priced at $35 per month.

The service, which became available this week, offers unlimited 5G data, talk, and text on AT&T's network, along with 10GB of mobile hotspot data. This strategic expansion positions OnePay alongside other FinTechs like Klarna and Revolut that have recently ventured into mobile connectivity services as well.

Let’s take a closer look at this, understand why it matters, and what to expect next.