[Varo Money in Business Insider] Varo Money is partnering with digital remittance provider WorldRemit for overseas transfers

Varo is on its way to becoming the first US neobank with its own bank charter, which could give it an edge against competitors in the crowded space. Last week, Varo became the first neobank to gain approval to use FDIC insurance, a milestone in its three-year pursuit of a national bank charter.

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