[Varo Money in Money] Is it time to switch banks? what to know about ‘neobank’ startups like Chime, Current and Varo
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Read More![[Varo Money in Money] Is it time to switch banks? what to know about ‘neobank’ startups like Chime, Current and Varo](https://blog.ourcrowd.com/wp-content/uploads/2022/01/MONEY-LOGO_WEB.jpg){kind=logo}
Tag: varo
![[Varo Money in Reuters] Warburg Pincus-backed Varo Bank raises fresh capital at $2.5 bln valuation](https://blog.ourcrowd.com/wp-content/uploads/2019/09/Reuters-new.jpg)
[Varo Money in Reuters] Warburg Pincus-backed Varo Bank raises fresh capital at $2.5 bln valuation
Sept 9 (Reuters) – Varo Bank, backed by private equity firm Warburg Pincus, said on Thursday it had raised $510 million in a funding round led by new investor Lone Pine Capital, taking the nationally chartered U.S. digital bank’s valuation to $2.5 billion. Read more...
Read More![[Varo Money in TechCrunch] Varo Bank raises massive $510M Series E at a $2.5B valuation as it eyes the public markets](https://blog.ourcrowd.com/wp-content/uploads/2017/09/Techcrunch.jpg)
[Varo Money in TechCrunch] Varo Bank raises massive $510M Series E at a $2.5B valuation as it eyes the public markets
Varo Bank, which last year became the first U.S. neobank to be granted a national bank charter, announced this morning it has raised a staggering $510 million in a Series E funding round at a $2.5 billion valuation. Read...
Read More![[Varo Money in PYMTS.com] NeoBank Varo Says Instant P2P Payments Key To Customer Retention, Growth](https://blog.ourcrowd.com/wp-content/uploads/2021/01/pymnts.png)
[Varo Money in PYMTS.com] NeoBank Varo Says Instant P2P Payments Key To Customer Retention, Growth
As a growing number of consumers use peer-to-peer (P2P) payments, word-of-mouth has become one of the best advertisements for the technology. Read...
Read More![[Varo Money in eMarketer] Varo’s small-dollar loan updates include underwriting that could enrich future products](https://blog.ourcrowd.com/wp-content/uploads/2021/08/emarketer-logo-vector.png){kind=logo}
[Varo Money in eMarketer] Varo’s small-dollar loan updates include underwriting that could enrich future products
The news: Varo will make several updates to its small-dollar loan offering, Varo Advance, that range from changing the fees charged to revamped underwriting for borrowers. The US neobank, which announced the changes in an email for customers, said that they would kick in on October 1, 2021. Read...
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