Everything You Need To Know About What Amazon Is Doing In Financial Services
CB Insights
DECEMBER 4, 2019
That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011. Amazon Lending initially launched in 2011 to help small businesses finance and sell more goods on Amazon. Its first entry point in the market was in payments in October 2014.
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