Varo Bank news and trends

Neobanks Pressure-Test Gen Z Strategies With Traditional Banks to Win Crucial Market Share    
Digital-First Banking // June 11, 2025

They account for 40% of consumers worldwide and will represent 31% of the workforce by 2030. With current purchasing power standing at $450 billion and expected to reach $12 trillion within five years, Generation Z — the demographic born between 1997 and 2012 — is...

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...

Marqeta Becomes Issuer-Processor for Varo Bank
Partnerships // August 06, 2024

Card issuing platform Marqeta has been named issuer-processor for online bank Varo. 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,...

New Deals and Digital Expansion Drive Mastercard’s Q2 Revenue Surge
Earnings // July 31, 2024

Playing a hot hand of new deals and balanced global consumer spending, Mastercard posted double-digit revenue growth for the second quarter, as announced in its earnings call Wednesday (July 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Interviews & Exclusives
Issuers Share Strategies for Closing the Credit Confidence Gap

September 23, 2025
Watch more: The Credit Race: Closing the Perception Gap to Win 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 […]

Neobanks Pressure-Test Gen Z Strategies With Traditional Banks to Win Crucial Market Share    

June 11, 2025
They account for 40% of consumers worldwide and will represent 31% of the workforce by 2030. With current purchasing power standing at $450 billion and expected to reach $12 trillion...

Experts Say Composable Banking Builds Better Digital Customer Experiences

June 12, 2024
Digital banking architecture is having a moment. Financial technology companies and consumer-facing neobanks are using it to create new features, applications and customer experiences. Regulators are focused on it as...

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 […]

Marqeta Becomes Issuer-Processor for Varo Bank

August 06, 2024
Card issuing platform Marqeta has been named issuer-processor for online bank Varo. 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

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...

Varo Unveils Instant Payments to Anyone With US Debit Card

September 21, 2023
Varo Bank introduced Varo to Anyone, the digital bank’s free instant payment service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...