It's official: Varo Money has national bank charter
"We can control our destiny," says Colin Walsh, CEO of the challenger bank, which spent more than three years seeking to become a full-fledged bank. ... Read full article
News Topic: Colin Walsh
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Varo gets vital FDIC OK for bank charter
It was Varo's second try with the Federal Deposit Insurance Corp., but it has now moved within a few steps of obtaining what has eluded fintech firms of late: a green light from banking regulators. ... Read full article
Varo gets vital FDIC OK for bank charter
It was Varo's second try with the Federal Deposit Insurance Corp., but it has now moved within a few steps of obtaining what has eluded fintech firms of late: a green light from banking regulators. ... Read full article
Inside Varo Money's three-year quest for a bank charter
Colin Walsh, Varo’s chief executive, says the disruptor has hired several former regulatory officials to help in what has admittedly been “a difficult process.” ... Read full article
The story behind Varo Money’s bank charter push
Varo Money might become the first challenger bank to get a national bank charter. CEO and co-founder Colin Walsh explains why he wants Varo to become a bank. ... Read full article
Bank of the West exec bolts for startup, sees chance 'to redefine retail banking'
Thibault Fulconis recently became CFO of the digital banking venture Varo Money, which has applied for a national bank charter. ... Read full article
First wave of neobanks resets for new offensive
Fintech challenger banks like Simple, Moven, Varo and Chime have faced separate headwinds in recent years. Here's how they’re taking up the charge again. ... Read full article
Mission-driven Varo Money secures $45 million from investors
U2 lead singer Bono is among the latest to support the ambitious mobile-only fintech startup, which applied for a national bank charter in July. ... Read full article