Varo Money Announces Preliminary Approval for OCC Charter

The digital banking service #Varo #Money announced last night it had received #preliminary #approval for a national banking #charter from the Office of the Comptroller of the Currency, a division of the U.S. Treasury Department. As Bank Innovation previously reported, Varo raised $ 45 million for this purpose in January. Square CEO Jack Dorsey said his company was still […]
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