Varo Bank

Marqeta Becomes Issuer-Processor for Varo Bank
Marqeta Becomes Issuer-Processor for Varo Bank
August 06, 2024  |  Partnerships

Card issuing platform Marqeta has been named issuer-processor for online bank Varo. “Varo selected Marqeta for its ability to combine sophisticated virtual, tokenized and physical card-issuing technology with...

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New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
July 31, 2024  |  Earnings

Playing a hot hand of new deals and balanced global consumer spending, Mastercard posted double-digit revenue growth for the second quarter, as announced in its...

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Experts Say Composable Banking Builds Better Digital Customer Experiences
Experts Say Composable Banking Builds Better Digital Customer Experiences
June 12, 2024  |  Digital Banking

Digital banking architecture is having a moment. Financial technology companies and consumer-facing neobanks are using it to create new features, applications and customer experiences. Regulators...

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Varo Bank Debuts Line of Credit as Consumers Remain Pinched
Varo Bank Debuts Line of Credit as Consumers Remain Pinched
March 26, 2024  |  Personal Finance

Varo Bank has introduced two new products aimed at helping Americans alleviate their financial pressures. The online bank on Tuesday (March 26) announced the launch of Varo Line...

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Varo Unveils Instant Payments to Anyone With US Debit Card
Varo Unveils Instant Payments to Anyone With US Debit Card
September 21, 2023  |  Real-Time Payments

Varo Bank introduced Varo to Anyone, the digital bank’s free instant payment service. The service allows for payments from Varo Bank accounts insured up to...

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Varo Bank Raises $510M for Customer Growth, Tech Innovation
Varo Bank Raises $510M for Customer Growth, Tech Innovation
September 09, 2021  |  Investments

All-digital bank Varo Bank has closed a funding round with $510 million, according to a press release. With the new capital, Varo Bank plans to...

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Varo Bank Launches Visa Program To Help People Build Credit
Varo Bank Launches Visa Program To Help People Build Credit
February 25, 2021  |  Financial Inclusion

FinTech startup Varo Bank is launching a program to help people build credit or improve their scores, the digital lender said in a press release...

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Varo Awarded FinTech National Charter
Varo Awarded FinTech National Charter
July 31, 2020  |  Digital Banking

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. Since then, the...

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