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Varo news releases

First Consumer Fintech in US History Gains Full Regulatory Approval to Become a National Bank

Historic charter award defines a new beginning for digital banking, providing comprehensive services aimed at the 180 million Americans underserved by the traditional system SAN FRANCISCO, July 31, 2020 – Varo Money, Inc. today announced …

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Varo Raises $241 Million Series D as it Moves Closer to Being the First Fintech to Become a National Bank

Gallatin Point Capital, TPG’s The Rise Fund, HarbourVest Partners and Progressive Insurance back Varo’s commitment to financial inclusion for all Americans SAN FRANCISCO, June 3, 2020 – Mobile banking company Varo Money, Inc. today announced …

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Moven Recommends Varo to Assume Consumer Banking Accounts

SAN FRANCISCO, April 16, 2020 –– Mobile banking company Varo Money, Inc. today announced a partnership with financial technology innovator Moven to transition the latter’s consumer banking customers to Varo. Moven recently announced a strategic decision to promote its …

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Lisa Violet Appointed Chief Auditor for Varo

SAN FRANCISCO – March 17, 2020 – All-digital banking company Varo Money, Inc. today announced it has named Lisa Violet as Chief Auditor. Lisa brings 20 years of experience in both technology and financial services …

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Couples Prefer to Keep Some Finances Separate, Survey Reveals

Varo launches peer-payment feature that makes transferring money between partners a breeze SAN FRANCISCO, February 13, 2019 — A new survey released by mobile banking startup Varo Money, Inc. shines a light on the financial …

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FDIC Approval Moves Varo to Final Stage of Bank Charter Journey

Landmark approval signifies pivotal moment for banking industry, formalizing mobile-first brand’s massive role in providing consumers greater choice and leading digital experiences.   SAN FRANCISCO, February 10, 2020 – Mobile banking company Varo Money, Inc. …

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