Investing.com – Ridesharing company Uber Technologies (NYSE:UBER) is expanding its financial services offerings, with plans to start a digital wallet service and offer debit and credit cards.
- The new business, to be called UBER Money, will start by expanding Uber’s efforts to give its 4-million-plus drivers and couriers around the world access to a mobile bank account so they can get paid after each ride, Peter Hazlehurst, who will head the new division, told CNBC.