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Digital Bank Varo Raises $510 Million At $2.5 Billion Valuation

Varo has raised $992 million in funding to date and competes closely with other digital banks like Chime in the crowded neobank industry.

More from Fintech
Sep 30, 2021

Square Partners With TikTok To Capture The Creator Economy

The number of TikTok users (or Square CashApp users, for that matter) isn’t what’s important here. The Square-TikTok partnership is about merchants—or more specifically, the set of merchants or small businesses increasingly being called “creators.”
Sep 27, 2021

Magic Swords And Magic Money

In the metaverse, where tokens of all kinds are bought and sold in transparent marketplaces, the laws of supply and demand can operate under the sunshine of privacy-enhancing digital identity services to deliver new ways of creating value.
Sep 22, 2021

3 Lessons Startups Can Learn From Mailchimp

The recent Mailchimp acquisition teaches us valuable startup lessons. Business cycles come and go. But to build a business that can survive over the long-term requires a strong foundation. What does this mean for fintechs (and all startups)?
Sep 16, 2021

Digital Identity Should Be A Big Business For Banks

Earlier this week, a group of more than 150 people published a paper called “GAIN Digital Trust: how Financial Institutions are taking a leadership role in the Digital Economy by establishing a Global Assured Identity Network”. Maybe this International Identity Day, things are about to change.