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WALMART-BACKED ONEPAY DOUBLES USERS AND PAYMENT VOLUME

AI DESK1 MIN READ
SAT, JUN 6, 2026

■ AI-SUMMARIZED FROM 2 SOURCES ▸ TIMELINE

OnePay, the Walmart-backed fintech app, has doubled its monthly active users to 6 million and annualized payment volume to $50 billion in 2026. The app is now valued at $4 billion or more.

OnePay has achieved significant growth metrics in its latest period, with both user engagement and transaction volume reaching new highs compared to 2025 figures. The app now processes $50 billion in annualized payments across its 6 million monthly active users. Backed by Walmart and venture capital firm Ribbit Capital, OnePay is expanding beyond its initial customer base to compete directly with traditional banking services. The $4 billion valuation reflects investor confidence in the fintech's trajectory as it scales operations. The doubling of metrics signals strong adoption momentum in the fintech space, where payment apps continue to capture market share from incumbent financial institutions. OnePay's growth trajectory positions it among the faster-growing payment platforms in its segment.

■ SOURCES

TechmemeTechmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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