Investors have poured an additional $510 million into Varo Bank, the bank unit of Varo Money that opened last year. The announcement, made Thursday, raises a fundamental question: Is the money vital ...

Varo Advance: Customers who are on the verge of overdrafting their account can use Varo Advance to borrow a line of credit up to $100 which must be repaid within 30 days. Customers can request one ...

Marqeta has signed a five-year deal with Varo Bank to become its issuer processor. Varo Bank offers services such as fee-free checking accounts, free ATM access at over 40,000 locations, cash advances ...

SAN FRANCISCO--(BUSINESS WIRE)--The organizers of Varo Bank, N.A. today announced they have been granted preliminary approval by the Office of the Comptroller of the Currency (OCC) of their ...

Varo Bank risks running out of money as it struggles to turn a profit. As the first neobank granted a banking charter by the Office of the Comptroller of the Currency (OCC), Varo has a competitive ...

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This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The service will allow Varo Bank account users to send funds ...

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Mobile banking startup Varo is becoming its own bank. The company announced on Friday it has been granted a national bank charter from the Office of the Comptroller of the Currency (OCC) and secured ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The Believe Program is aimed at the 45 million Americans who are "credit ...

David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less. He is ...

Mobile banking startup Varo Money has raised an additional $241 million in Series D funding, the company announced today. The investment was co-led by new investor Gallatin Point Capital and existing ...