Varo

Regulations Are On Hold. Does That Mean More FinTechs Will Look to Become Neobanks?
Regulations Are On Hold. Does That Mean More FinTechs Will Look to Become Neobanks?
February 18, 2025  |  Banking

The neobank model has, through the past several years, taken two paths as FinTechs bring accounts, cards and other digital-first financial offerings to customers. There...

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Varo Chief Colin Walsh Steps Down as Bakkt’s Ex-CEO Takes Over
Varo Chief Colin Walsh Steps Down as Bakkt’s Ex-CEO Takes Over
February 16, 2025  |  Personnel

Neobank Varo is undergoing a change in leadership. Colin Walsh, who founded the company, has departed from his role as chief executive, according to a...

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Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
October 04, 2024  |  Banking

There’s a commonality in financial services — for brick-and-mortar players and for several FinTechs, though the approach may differ: Serving the needs of lower-income households....

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Varo Bank Debuts Line of Credit as Consumers Remain Pinched
Varo Bank Debuts Line of Credit as Consumers Remain Pinched
March 26, 2024  |  Personal Finance

Varo Bank has introduced two new products aimed at helping Americans alleviate their financial pressures. The online bank on Tuesday (March 26) announced the launch of Varo Line...

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Wise Closing In on Revolut in Provider Ranking of Digital Banking Apps
Wise Closing In on Revolut in Provider Ranking of Digital Banking Apps
January 29, 2024  |  Digital Banking

In this month’s PYMNTS Provider Ranking of Digital Banking Apps, all movement came from the lower half of the rankings. Acorns and Ally are making...

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Revolut Scores Perfect 100 in Provider Ranking of Digital Banking Apps
Revolut Scores Perfect 100 in Provider Ranking of Digital Banking Apps
December 27, 2023  |  Digital Banking

Now that holiday spending is done, you might resolve to take control of your finances in the new year. PYMNTS’ Provider Ranking of Digital Banking...

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Revolut Nets Perfect Score in PYMNTS Provider Ranking of Digital Banking
Revolut Nets Perfect Score in PYMNTS Provider Ranking of Digital Banking
November 28, 2023  |  Digital Banking

Managing your finances has never been easier, with smartphones closing the gap between you and your money. But with a plethora of apps to choose...

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Socure Launches Tool and Financial Consortium to Fight First-Party Fraud
Socure Launches Tool and Financial Consortium to Fight First-Party Fraud
October 23, 2023  |  Security & Fraud

Socure has launched its first-party fraud solution, Sigma First-Party Fraud, along with the First-Party Fraud Consortium (FPFC). Together, these solutions aim to help companies detect and prevent...

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Revolut and Chime Vie for Top Spot in Provider Ranking of Digital Banking Apps
Revolut and Chime Vie for Top Spot in Provider Ranking of Digital Banking Apps
September 25, 2023  |  Mobile Applications

In this edition of PYMNTS’ Provider Ranking of Digital Banking Apps we see some movers and shakers changing ranks, but our tie for first keeps on as...

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