Colin Walsh
Fintech
Most fintechs partner with banks; Varo became one, and says it’s paying off
1:38 pm PDT • September 16, 2022
Last month, Varo Bank celebrated the two-year anniversary of obtaining its national bank charter. The move made Varo the first-ever all-digital nationally chartered U.S. consumer bank. The startup launched its…
Startups
Varo Bank raises massive $510M Series E at a $2.5B valuation as it eyes the public markets
6:00 am PDT • September 9, 2021
Varo Bank, which last year became the first U.S. neobank to be granted a national bank charter, announced this morning it has raised a staggering $510 million in a Series…
Mobile banking startup Varo is becoming its own bank. The company announced on Friday it has been granted a national bank charter from the Office of the Comptroller of the…