Tagged: varo

Similar to Zelle, Varo Bank Adds P2P Transfers with Varo to Anyone

Varo Bank, the first neobank to become a federally chartered digital bank, has announced a new peer-to-peer transfers and payments service Varo to Anyone. The service is similar to Zelle, which remains available on the bank’s platform. Varo to Anyone is available free of any… Read More

Kard Finalizes $23M Series A to Support Card Rewards After a Year of Steady Growth

Kard, the rewards-as-a-service API that connects modern card issuers to the brands their cardholders really love, recently announced that it has secured $23 million via a Series A round led by Tiger Global. Also participating in the investment round are Fin Capital, s12f, and existing… Read More

Digital Bank Varo Appoints Spencer Rascoff to Board of Directors

Varo Bank, N.A., which claims to be the first all-digital, nationally chartered bank in the US, has announced the appointment of Spencer Rascoff, Co-Founder and former CEO of Zillow to Varo’s Board of Directors. Rascoff joins Varo’s Board to continue “to scale Varo, a one-of-a-kind… Read More

Digital Bank Varo Raises $510 Million Series E at $2.5 Billion Valuation

Varo Bank, one of the first, nationally chartered digital banks in the US, has raised a $510 million Series E funding round. The capital was raised at a valuation of $2.5 million, according to reports. Once again, FT Partners was the exclusive advisor for the… Read More

Digital Bank Varo Money’s Users to Get Direct Access to Fintech WorldRemit’s Global Money Transfer Services via the Varo App

WorldRemit, a cross-border funds transfer company, revealed on February 19 that it has teamed up with Varo Money, an established Fintech firm focused on providing digital banking services in the US.  According to a press release, the partnership between the two companies will give Varo… Read More

Digital Bank Startup Varo Money Hires Former Bank Exec as New CFO

Digital bank Varo Money has hired Thibault Fulconis as Chief Financial Officer (CFO). Varo shares that Fulconis has extensive experience and was previously part of the executive team of Bank of the West and its holding company BancWest. Fulconis will oversee all financial, treasury, regulatory… Read More

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