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After years of regulatory paralysis, the floodgates have opened for new bank charters from fintech companies. Zero fintech-related banks were...
Due to the regulatory environment in the US digital banking startups have opted to partner with banks to offer banking...
Digital bank Varo Money has made the decision to shut down their consumer lending division; Business Insider reports “With the...
Keith Noreika, the acting Comptroller of the Currency recently signed the first full-service de novo national bank charter since the financial crisis to Winter Park National Bank of Florida; Noreika believes there are still too few new banks and part of the problem is the onerous process; Noreika outlines the lengthy process and discusses his suggested changes in his testimony back in June. Source
First, we had Varo. Then came Square. More recently SoFi, then Figure, now Oportun is joining the party. Let’s not...
While there are always interesting things happening around fintech there is not often news which moves the needle for the...
American Banker sat down with Varo Money CEO Colin Walsh to talk about where the company stands in their quest...