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The acquisitions will help the start-up build an app that's a singular place for consumers to spend, save and borrow. It has also pointed to an untapped customer base of millions of Americans who don't have a bank account, can't access credit and struggle to build up savings - including many who already shop at Walmart stores. employees and more than 100 million weekly shoppers. The start-up plans to capitalize on Walmart's huge reach: its 1.6 million U.S. Walmart has the majority stake of the start-up, which until now had been called Hazel, and its board includes several top executives, including Walmart's chief financial officer, Brett Biggs, and Walmart U.S. Ismail will lead ONE, according to Wednesday's news release. The venture hired two Goldman Sachs bankers to help spearhead the effort, including Omer Ismail, who led Goldman's consumer bank. It said it was teaming up with Ribbit Capital, one of the investment firms behind Robinhood, to launch an independent fintech start-up. Walmart - the country's largest private employer and biggest grocer - announced an effort last year to develop unique, affordable financial products that it could offer its millions of customers and employees. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit