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Amazon Tip-Toes Into Banking Business Through Student Loans

July 21,2016 20:06

Amazon.com Inc. AMZN -0.05 % is stepping into the student-loan marketplace. The online retailer has entered into a partnership with San Francisco lender Wells Fargo WFC -0.43 % & Co. in which the bank's student-lending arm will offer interest-rate ...



Amazon.com Inc. is stepping into the student-loan marketplace. The online retailer has entered into a partnership with San Francisco lender Wells Fargo & Co. in which the bank’s student-lending arm will offer interest-rate discounts to select Amazon shoppers. An Amazon spokeswoman said this is the first time members of the...

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