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Summary
location iconSan Francisco, California
website
company sizeCompany size: 501-1000
total assetsTotal Assets: Up to $2B

Varo is a digital bank and was the first consumer fintech business to become a charted national bank. Varo's goal is to leverage its financial technology platform to offer financial products and services to positively impact inequality in traditional financial services.

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Commercial Banks
Digital Services
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Varo - Recent News & Articles

Banks to join SWIFT digital asset trials in 2025

SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its forthcoming digital currency trials in 2025. Banks i...

A Tale of Two Consumers

The Impact of Two Consumer Classes and the Fed Funds Rate Outlook

China’s Bold Stimulus Measures Won’t Save Its Flagging Economy

After months of business leaders and economists urging action, the People’s Bank of China (PBoC)—the central bank of the world’s second biggest econom...

Source: Time
PayPal lets US business accounts buy and sell crypto

PayPal Holdings, Inc. (NASDAQ: PYPL) announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal busin...

Source: Finextra
US Department of Justice files civil antitrust lawsuit against Visa

The US Department of Justice (DOJ) has filed a civil antitrust lawsuit against Visa over allegations of “monopolisation and other unlawful conduct in ...

The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air

A week’s worth of inflation data showed that price pressures have eased substantially since their meteoric rise in 2021-22. Fed officials head into th...

Source: CNBC
Ally Financial warns of 'intensifying' credit challenges, shares slump

Ally Financial's credit challenges have intensified over the current quarter as borrowers struggled with high inflation, the consumer lender's finance...

Source: Reuters
One Year Since the FedNow Launch: What You Should Know

Launched in July 2023, the Federal Reserve's FedNow service has been a game-changer in the U.S. payments landscape. With over 900 financial institutio...

Source: Finextra
As Growth Sputters, Beijing Tries Again to Jolt China’s Economy

China’s central bank took new steps to shore up the country’s sputtering economy, highlighting officials’ growing anxiety about growth only days after...

Source: MSN
Futility Index

An Updated Measure of the U.S. Consumer