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Walmart’s push into healthcare, SoftBank’s struggles, and why FedEx dumped Amazon

Here are the top business stories this week, including Walmart's push into healthcare, SoftBank's struggles, and why FedEx dumped Amazon.
Oak HC/FT cofounder and managing partner Annie Lamont

A top VC firm just got another $800 million to back healthcare and fintech startups. We talked to Oak HC/FT execs about what they’re looking to ...

Oak HC/FT executives outlined five key areas across healthcare and financial technology that the firm is eyeing as it invests its third fund.

Revolut says users can now trade US stocks as part of the London fintech unicorn’s expansion strategy

Some users of Revolut's metal card will be the first to gain access on Thursday with 100 free trades a month of US-listed stocks.
Dave Fanger, the chief executive officer of Swell, which announced its closure this week.

Swell, a do-good investing app with $33 million in assets, is shutting down

"Swell was not able to achieve the scale needed to sustain operations in the current market," the Santa Monica-based company said Wednesday.

Stock-investing app Robinhood, which was just valued at $7.6 billion, is urging some customers to change their passwords after a technology glitch

The investing app told some customers on Wednesday that "some user credentials were stored in a readable format within our internal systems."

We talked to 10 Robinhood insiders about how the $6 billion trading app botched a launch so badly Congress got involved

Robinhood, the $6 billion stock-trading app aimed at millennials, told users its new checking and savings accounts were insured. They weren't.
Oxford University.

Bankers are rushing to take Oxford University’s fintech courses before robots take their jobs

One of the subjects on offer, AI, could lead to the dismissal or resignation of more than 1.3 million US bankers by 2030.

Facebook just took the wraps off Libra, a new cryptocurrency that will let anyone in the world pay with their smartphone

Facebook is embarking on a wildly ambitious project to build a new global financial infrastructure — and Uber, Spotify, and PayPal are involved.

TransferWise customers can soon send money out of Malaysia with ‘no hidden mark-ups’

This makes Malaysia TransferWise's fourth country in Asia to enjoy its remittance service after Singapore, Japan and Hong Kong.

Singapore FinTech Festival and SWITCH will combine this year to synergise fintech and deep tech solutions

For the first time, the conference will feature sustainability as a theme.