Tag: varo money

SAN FRANCISCO, Nov. 15, 2022 /PRNewswire/ — Today, Varo Bank — the first all-digital, nationally-chartered U.S. consumer built from the ground up techbank — announced that it will offer Zelle® in its mobile banking app. Zelle® is a safe way to send and receive money with friends, family, and small businesses you trust. Read more...

Last month, Varo Bank celebrated the two-year anniversary of obtaining its national bank charter. The move made Varo the first-ever all-digital nationally chartered U.S. consumer bank. Read more...

SAN FRANCISCO, Sept. 15, 2022 /PRNewswire/ — Varo Bank, the first all-digital, nationally chartered U.S. consumer techbank, announced today the launch of SaveUp, a free middle school savings curriculum designed in strategic partnership with social impact education innovator, EVERFI. The SaveUp course is the largest initiative to date of the Varo Money Power program, which includes free online financial education lessons for adults and the Russ x Varo Money Power financial education workshops for high school students designed in partnership with NBA superstar Russell Westbrook. Read more...

SAN FRANCISCO, Sept. 1, 2022 /PRNewswire/ — Varo Bank, the first all-digital, nationally chartered U.S. consumer techbank, today announced that consumers can immediately start earning a 2.00% savings rate1, one of the highest annual percentage yields (APY) in the country – over 15 times the national average2. Read more...

US-based Varo Bank, a digital banking option, has launched with the aim of supporting consumers with its high-yield savings account consumer-first products Read more...