Varo Bank

27 results about this entity

Period: 18 Jan 2018 - 07 Aug 2024

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Varo Bank makes exec hires

Varo Bank, the first all-digital nationally chartered bank in the US, today announced three new appointments to its executive leadership team, including Shishir Singhania as Chief Lending Officer, Pepe Porrata as Chief Operations Officer, and Carolyn Feinstein as Chief Marketing, Growth, and Design Officer.

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Varo Bank unveils credit building card programme

Varo Bank, the first all-digital nationally chartered bank in the US, today introduced the Varo Believe Program, an innovative credit building product that includes a Visa credit card and credit monitoring.

NBA star Westbrook invests in Varo Bank

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NBA star Westbrook invests in Varo Bank

Varo Bank has raised $63 million in a funding round led by NBA basketball star Russell Westbrook, who will also help the digital lender create a social impact programme.

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Varo Bank introduces cash advances

Varo Bank, the only digital national bank, is introducing Varo Advance, an innovative product that instantly advances up to $100 to qualifying customers and gives customers more flexibility and control over their finances.

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Varo goes live on Temenos core platform

Temenos (SIX: TEMN), the banking software company, today announced that its cloud-native technology platform has gone live with Varo Bank, N.A. (“Varo”). Varo, the first consumer fintech granted a national bank charter in the US, is using Temenos Transact as its core banking technology.

Varo Money granted national bank charter

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Varo Money granted national bank charter

Varo Money has become the first US consumer fintech firm to be granted a national bank charter, enabling the digital challenger to offer a full suite of FDIC-insured services.

Varo Money raises $241m

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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.

Moven customers to transition to Varo

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Moven customers to transition to Varo

San Francisco-based mobile banking startup Varo Money is taking on the customers of Moven, which recently decided to shut down its direct-to-consumer offering.

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Varo Money clears final hurdle for national charter

Mobile banking company Varo Money, Inc. today announced a significant step in its application process for a national bank charter, with approval from the Federal Deposit Insurance Corporation (FDIC) for deposit insurance.

Varo Money names Smith Forté chief product officer

Mobile banking company Varo Money, Inc. today announced the hire of Smith Forté, who comes from the automated investing platform Acorns.

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Varo Money selects Nice Actimize for AML

Leading the industry with solutions protecting mobile financial services offerings, NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management, was chosen by Varo Money, Inc. a leading all-mobile banking company to implement its financial crime strategy for anti-money laundering protections including AML/KYC requirements, sanctions screening and transaction monitoring capabilities.

Varo Money signs with Temenos as bank build out begins

Varo Money signs with Temenos as bank build out begins

Having recently won preliminary approval for a national bank charter, San Francisco-based fintech startup Varo Money has struck a deal with Swiss core banking vendor Temenos to implement it T24 platform.

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