Will an OCC, FDIC Charter Help Varo Money Become the First National Mobile Bank?
Want a #national #bank that’s #mobile-only? So does #Varo #Money. Varo applied for a banking #charter from the Federal Deposit Insurance Corporation (#FDIC), as well as for a charter from the Office of the Comptroller of the Currenc, in the hopes of forming “Varo Bank,” the mobile banking startup announced today. “[Varo] was founded o […]
Bank Innovation
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