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Varo Money Applies For Charter To Become A Mobile-Only Regulated Bank

July 25, 2017
Varo Money, the digital banking fintech that has investment backing from Warburg Pincus, filed for a national banking charter and deposit insurance, putting the Trump administration’s policy to extend bank charters to fintechs to the test. According to a report in the Wall Street Journal, by filing for the banking charter it puts the startup […]