Uber announces deeper push into financial services with Uber Money

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Uber's move is the latest sign that tech giants are looking to make inroads into finance.

a credit card with Goldman Sachs, and Amazon has been offering small business loans to its merchants for years.

Uber recently surveyed U.S. drivers about whether they'd be interested in taking small loans from the company, Hazlehurst said, confirming a report from ReCode. It's too early to say if they'll do that in the U.S., but in several countries including Brazil, India and Peru, Uber already offers micro loans to drivers, he said.

For riders, Uber's credit card, a joint product with Barclays, will be reintroduced with richer rewards for payments within Uber's transportation and food delivery services.have been battered by skepticism over its prospects and a broader shift in investor sentiment favoring profits over growth. The company's stock is trading more than 25% below its $45 May IPO price. Uber reports third-quarter results on Nov. 4.

 

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And, Uber card together with Goldman

Is this a joke?

You wait for it to arrive and it gets lost on the way. When it arrives it doesn’t know where to go but has a bottle of water for you.

Good biz move by $UBER expanding into the digital financial services landscape.

A company that might never be profitable has access to an innovation budget the size of a country’s GDP. How and why?

ubermoney is it credit

maduna_malvin

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😳 what about your support for facebook Libra_ .

can't make money in core business so start something else...let's throw some darts and see what sticks

Give us your money so we can set it on fire

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