Tagged: the rise fund

July 31, 2020 @ 9:00 am By JD Alois  |  

Varo Money, Inc. has been granted its national bank charter from the Office of the Comptroller of the Currency (OCC) and secured regulatory approvals from the FDIC and Federal Reserve to open Varo Bank N.A. This represents the first consumer Fintech in the US to… Read More

May 15, 2018 @ 4:12 pm By Samantha Hurst  |  

Cellulant, an Africa-based digital payments platform, announced on Tuesday it raised $47.5 million through its Series C funding round, which was led by TPG Growth’s The Rise Fund. Other investors included in the round are Endeavor Catalyst, Satya Capital, Velocity Capital & Progression Africa.  Founded… Read More

January 18, 2018 @ 9:00 am By JD Alois  |  

Varo Money, a digital challenger bank, has closed a $45 million Series B funding round led by existing investor Warburg Pincus and The Rise Fund, a global impact fund led by private equity firm TPG. Varo said that 30 other investors participated in the round… Read More

January 12, 2018 @ 9:47 am By Samantha Hurst  |  

Less than two months after announcing its integration with PayPal, micro-investing app Acorns has received an investment from TPG’s global investment fund, The Rise Fund. The company reported that this is The Rise Fund’s first social impact investment in fintech. While sharing more details about the investment, Noah… Read More