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First Fintech To Receive National Bank Charter Now Facing Cash Crunch
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First Fintech To Receive National Bank Charter Now Facing Cash Crunch

First Fintech To Receive National Bank Charter Now Facing Cash Crunch

Fintech Nexus Staff·
Fintech
·Jun. 24, 2022·1 min read

When it secured a banking charter and raised a half-billion dollars last year, Varo promised growth and profitability. But an abrupt fintech downturn and high spending have left it with no choice but to slam on the brakes.

Read the full article at: www.forbes.com

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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