Varo receives US national bank charter
Varo Bank will serve as the firm’s new banking arm, with Varo Money becoming its holding company.
Varo Bank will serve as the firm’s new banking arm, with Varo Money becoming its holding company.
Simba is built for those “who came to the US seeking financial freedom”.
Bank admits that the pandemic casts “significant doubt” on its ability to continue operations.
From Wirecard and Enron to Bernie Madoff and Parmalat.
The remittance market is set to suffer from the pandemic.
The new capital will be put towards international expansion.
The consultancy firm is both a client and partner for new Goldman platform.
OnDeck has suffered in the wake of the COVID-19 pandemic.
Community bank in the US city aims to boost digital services.
The fintech’s valuation sits at around $115 million.
Bow Capital Management is also aiming to raise $350m for a tech focused Spac.
Theodora Lau, founder of Unconventional Ventures provides her take on artificial intelligence.
Buy now, pay later fintech joins Plaid network.
Paysafe looks to grow its core offering across the US.
Cognitect snapped up by Brazilian neobank.
Phoenix Life is an existing user of several Oracle systems.
A new FinTech Futures report examines the future of wealth management in a digital era.
The Canadian bank aims to run thousands of simulations for “millions of data points.”
Its decision to deny remote access to its China-based interns makes it an outlier among its US peers.
Paying her less than her male peers and subjecting her to other forms of gender discrimination.
Affirm will power instalment payments for ‘Shop Pay’.
The fresh capital adds to an extended $11 million Series A raise.
US banks and federal savings associations can offer cryptocurrency custodial services.
Major US bank says its new head of strategy will drive innovation.
Connecticut-based credit union picks DNA for “scaleability”.
The bank is joining the Partnership for Carbon Accounting Financials.
The Palo Alto, California-based start-up is valued in the investment at $1.5 billion.
The new deal is hailed as a “step change” in the pair’s relationship.
It employs 40 Black members of staff across its more than 7,000 strong senior exec team.
RoarMoney is priced at $1.00 a month.
The fintech launched its beta in July.
Of the groups studied, Black women received worse treatment in 59% of cases.
The start-up has issued around five million virtual card numbers.
The company sold 8.06 million shares to raise $249.86 million on 13 July.
Bond’s offering is based on “developer-focused” applications.
The hacked accounts have tens of millions of users.
Maryland-based credit union wants an in-branch experience online.
Its Series F stands at $600 million.
The two firms will work to enhance Nymbus’s product ecosystem.
iLien for Main Street can aid banks offering support under the Main Street Lending Program.