Uber announces deeper push into financial services with Uber Money

  • “The company announced on Monday the formation of a new division called Uber Money to house its efforts, which include a digital wallet and upgraded debit and credit cards.
  • Another popular feature, no-cost $100 overdrafts, helps cash-strapped drivers pay for gas to kick off a working day.
  • Apple recently launched a credit card with Goldman Sachs,
  • Amazon has been offering small business loans to its merchants for years.
  • Facebook unveiled an ambitious plan this year to help remake global finance with its libra cryptocurrency”


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