Varo

With the market turning so dramatically in 2022, it’s no surprise that many startups are now believed to be raising down rounds. This week alone, it was reported that Varo was raising a $50 million

As competition amid digital banks heats up, U.S. fintech Current is rolling out a new product designed to make its banking service more appealing. The company announced this morning it’s launchi

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 Currency (OCC) and secured r

Mobile banking startup Varo Money has raised an additional $241 million in Series D funding, the company announced today. The investment was co-led by new investor Gallatin Point Capital and existing

There are a number of startups looking to disrupt traditional banking. We’ve covered Chime, Zero and Jiko, just to name a few. Another one of those is Varo Money and they’ve raised $45 mil

Varo Money, which provides a mobile-first banking product to consumers, wants to take on the big banks. In an effort to offer similar -- but better -- checking, savings and lending products to consum

In light of recent news that Wells Fargo fraudulently opened thousands of customer accounts, it’s not hard to sympathize with peoples’ mistrust of Wall Street, especially for groups that have alre