Everything You Need To Know About What Amazon Is Doing In Financial Services
CB Insights
DECEMBER 4, 2019
In his 2016 annual letter to shareholders , Bezos outlined Amazon’s goal of expanding Amazon Lending: by continuing to work with partner banks to manage the bulk of the credit, the retailer can mitigate credit risk and calm investor nerves. Its first entry point in the market was in payments in October 2014.
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