Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according ...

Varo Money, a federally chartered digital bank, is raising growth capital. According to a Form D filed with the Securities ...

Some high-yield savings accounts are still offering rates around 5%. Check out our ranking of the highest savings account ...

Even though it’s an online bank, there are plenty of ways to access your money by visiting any of the over 40,000 ATMs in the Allpoint network. Varo is ideal for people learning to save ...

In 2023, Varo raised a $50 million equity round at a lower valuation ($1.85 billion post-money) than its massive and, it said, “oversubscribed” $510 million Series E in 2021. That 2021 round ...

Colin Walsh, who founded neobank Varo Money in 2015, obtained a bank charter for it and ran the digital bank for the past 10 years, is passing his CEO duties on to Gavin Michael, who for the past four ...

Its account options are also pretty limited compared to some competitors; unfortunately, you won’t find CD, money market or taxable brokerage accounts with Varo. It doesn’t offer long-term ...

But to avoid interruptions, you can set up a Safe Pay system that automatically pays the card monthly using money in your Varo account. These on-time payments are reported to credit bureaus ...

instant payment service is similar to Zelle (which Varo also offers). You can send, receive and store money from Varo Bank accounts. Transfers can be sent to anyone with a US debit card ...