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Varo Money Launches Lending Product Offering

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 Money Inc. Announces Closing of Round A Funding

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...