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Varo Money raises $241m

On Jun 3, 2020
@FintechBot shared
Varo Money raises $241m https://t.co/7v3TSVaR5O by @Finextra
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As it closes in on a national bank charter, San Francisco-based mobile banking startup Varo Money has raised $241 million in a Series D funding round.

www.finextra.com
On Jun 3, 2020
@FintechBot shared
Varo Money raises $241m https://t.co/7v3TSVaR5O by @Finextra
Open

Varo Money raises $241m

Varo Money raises $241m

As it closes in on a national bank charter, San Francisco-based mobile banking startup Varo Money has raised $241 million in a Series D funding round.

Varo Money raises $241m funding for national bank ambitions

Varo Money raises $241m funding for national bank ambitions

♫ I have climbed the highest mountains, I have run through the fields, only to be with you, only to be with you ♫ In this instance, US mobile banking company Varo Money has found what it’s ...

Varo Money gets new backers and closer to bank charter

Varo Money gets new backers and closer to bank charter

The mobile bank raised $241 million in its Series D round of funding, and expects to receive approval from regulators to become a nationally chartered bank this summer.

Varo Money wins preliminary approval for US national bank charter

Varo Money wins preliminary approval for US national bank charter

San Francisco-based fintech startup Varo Money has been granted preliminary approval for a national bank charter by the Office of the Comptroller of the Currency (OCC), paving the way for ...

Varo Money Locks in $241 Million in Series D Investment

Varo Money Locks in $241 Million in Series D Investment

In a round led by Gallatin Point Capital and The Rise Fund, mobile banking startup Varo Money has secured $241 million in new funding. The investment in the San Francisco, California-based ...

A New Mobile Only Bank Seeks a National Bank Charter

A New Mobile Only Bank Seeks a National Bank Charter

Varo Bank plans to offer a mobile only financial institution and complete with other branchless financial institutions. Despite the mobile tech approach,

Varo Money Raises $241 Million As It Moves Closer To Becoming A National Digital Bank

Varo Money Raises $241 Million As It Moves Closer To Becoming A National Digital Bank

Despite the COVID-19 pandemic, Varo Money was able to raise $241 million in venture funding, bringing on new investors along the way.

Varo Money Launching First True Mobile-Only National Bank

Varo Money Launching First True Mobile-Only National Bank

With a full banking charter, the challenger bank could be a formidable competitor for traditional banks and credit unions and other fintechs.

Varo Money Granted Preliminary Approval for National Bank Charter

Varo Money Granted Preliminary Approval for National Bank Charter

The organizers of Varo Bank, N.A. today announced they have been granted preliminary approval by the Office of the Comptroller of the Currency (OCC) o

Greenlight raises $54 million for a debit card that teaches kids financial literacy

Greenlight raises $54 million for a debit card that teaches kids financial literacy

Greenlight, a startup which provides bank accounts and debit cards for kids, raised $54 million from investors such as Wells Fargo and JPMorgan Chase.

The Rise Fund Spin-Off Marks Growth of Impact Investing

The Rise Fund Spin-Off Marks Growth of Impact Investing

By Abby Schultz U.S. private equity firm TPG and U2 star Bono’s announcement earlier this week that they have created a new organization for measuring the social and environmental returns ...

Citibank has been rated the No. 1 bank for customer satisfaction, beating out Bank of America and Wells Fargo

Citibank has been rated the No. 1 bank for customer satisfaction, beating out Bank of America and Wells Fargo

Citibank has been rated the No. 1 bank for customer satisfaction – beating high-profile rivals like Chase, Bank of America, and Wells Fargo.

AI: What's in it for banks and their customers

AI: What's in it for banks and their customers

Bank executives gathered in Chicago two weeks ago for the Bank Customer Experience Summit to discuss AI's role in current and future customer initiatives.

What Gen Z Thinks About Banking

What Gen Z Thinks About Banking

This is Manole Capital's 2nd annual Gen Z financial services survey. The 2019 Manole Capital Interns surveyed their peers. Series 1 of 4 discusses the banking s