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Varo Bank, N.A. pursues mission to begin new era of financial services innovation, making it easier and less expensive than ever before for consumers to manage their money…
Varo Money, Inc. (“Varo”), a mobile-only banking start-up that will help consumers gain greater control of their financial lives, today announced the launch of consumer lending via its mobile app. Varo will be issuing credit products in several states through its own lending licenses. With this move, Varo has created a more holistic offering to address its customers’ financial needs. Varo has recently solidified key strategic partnerships to support this launch including a banking and credit relationship with Silicon Valley Bank and Cloud Lending Solutions as system of record.
Varo announces partnerships with The Bancorp Bank and 3 financial services partners to provide mobile banking services.
Varo Announces Investment by Warburg Pincus New mobile-only banking start-up backed by leading private equity firm SAN FRANCISCO AND NEW YORK, May 2, 2016 – Varo Money, Inc. (“Varo” or “the Company”), a mobile only banking start-up that...
Silicon Valley Looks at Something New: Starting a Bank; Warburg Pincus is leading an investment round of more than $27 million in Varo Money Inc., a startup that may one day take the rare step of seeking its own bank charter By Telis Demos The Wall Street Journal May...