Varo is making history!!! and is now the first ever US consumer fintech to receive a national bank charter!!! A big step on our way to make banking affordable to anybody.
🏦 The day is finally here – today we announced that we were granted a national bank charter from the Office of the Comptroller of the Currency (OCC) and secured regulatory approvals from the FDIC and Federal Reserve to open Varo Bank N.A. This is the first ever national bank charter granted to a US consumer fintech and will allow Varo to offer customers comprehensive, FDIC-insured banking services. What does this actually mean? We’ll be able to move to our new cutting-edge technology stack and innovate across a range of financial products to ultimately improve the financial health of the millions of Americans who have been overlooked and underserved by the traditional financial system. #banking #financialinclusion #mobilebanking #challengerbank #varobank
Dann Allen
4y
Congrats Thibault, a major step forward!!
Congratulations Thibault!
Congratulations!
Congratulations !
Congrats to you and Varo!
Excellent ! Cher Thibault m’y best wishes for a quick success of Varo
Congratulations!, Thibault. Would love to help you capitalize!
David Quinn
4y
Congrats Thibault. So exciting to take the next step forward.
Marc RAMBERT
4y
This is a great milestone ! bravo Thibault
International Executive optimizing Consumer Finance business with Data, Analytics & Leadership development ► CRO, COO, Agile Leader
4yBravo!