Varo news and trends

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

Neobank Varo is undergoing a change in leadership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

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

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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

Varo Bank has introduced two new products aimed at helping Americans alleviate their financial pressures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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

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 moves upward to compete with the others, while Empower and Albert are falling down. Check below to see how the...

Interviews & Exclusives
Regulations Are On Hold. Does That Mean More FinTechs Will Look to Become Neobanks?

February 18, 2025
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS […]

NeoBank Varo Says Instant P2P Payments Key To Customer Retention, Growth

August 27, 2021
As a growing number of consumers use peer-to-peer (P2P) payments, word-of-mouth has become one of the best advertisements for the technology. Get the Full Story Complete the form to unlock...

Smart Data And AI Use Can ‘Nudge’ Customers To Better Offers

June 24, 2021
Data, in a way, exists as a currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Building A Digital Bank — From Scratch

January 24, 2017
Millennials need help with their finances but are loath to turn to banks for aid. Technology can help smooth the bumps in the road to financial literacy and stability, Varo Money...

Quick Reads
Varo Chief Colin Walsh Steps Down as Bakkt’s Ex-CEO Takes Over

February 16, 2025
Neobank Varo is undergoing a change in leadership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to the […]

Varo Bank Debuts Line of Credit as Consumers Remain Pinched

March 26, 2024
Varo Bank has introduced two new products aimed at helping Americans alleviate their financial pressures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Socure Launches Tool and Financial Consortium to Fight First-Party Fraud

October 23, 2023
Socure has launched its first-party fraud solution, Sigma First-Party Fraud, along with the First-Party Fraud Consortium (FPFC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Neobank Varo Begins Offering Zelle Access

November 15, 2022
Varo will offer the peer-to-peer payment network Zelle as part of its mobile app, the digital bank announced Tuesday (Nov. 15). Get the Full Story Complete the form to unlock this article and...