News Topic: Varo Money

Its latest feature makes it one of several mobile-only challenger banks in the U.S. that do not charge overdraft fees of any kind. ... Read full article

The new funding comes as the challenger bank inches closer to gaining regulatory approval for a national bank charter. ... Read full article

The fintech is moving ahead with a loan service after regulatory concerns stymied its deal for an ailing bank. ... Read full article

The CEO of the digital-only bank Chime says it has quadrupled its membership in a year. So why doesn't his counterpart at Varo believe him? ... Read full article

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 fintech company, which was forced to rebrand its cash management product last year after misleading marketing caused a backlash, is seeking a national bank charter. ... Read full article

As N26 schedules its launch for midyear, it will face off against other startups and mobile-only spinoffs from incumbent financial institutions. ... Read full article

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

The Trump administration will offer a framework and get Congressional input on housing finance; some online banks offer more than 2% interest on deposits. ... Read full article

As U.S. banks move toward faster payments, they should heed the lessons U.K. banks learned about criminals after launching their real-time transaction system, says Varo Money's fraud strategy leader. ... Read full article

Applications this year are more than double the 2017 mark and the most since 2009. But with some fintechs withdrawing their bids, observers are urging caution. ... Read full article

Thibault Fulconis recently became CFO of the digital banking venture Varo Money, which has applied for a national bank charter. ... Read full article

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

Disruptors would get a powerful new competitor if Amazon began offering checking accounts, but such a move would also validate the notion that fintechs are the future. ... Read full article

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