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Varo’s $240M and Marqeta’s $150M Rounds, Should Digital Banks Lend? and Fintech Gets Meta
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Varo’s $240M and Marqeta’s $150M Rounds, Should Digital Banks Lend? and Fintech Gets Meta

Varo’s $240M and Marqeta’s $150M Rounds, Should Digital Banks Lend? and Fintech Gets Meta

Fintech Nexus Staff·
Embedded Financeneobankpaytech
·Jun. 12, 2020·1 min read

Today, we talk through a few recent events that are indicative of what’s important in fintech right now.

Varo raised $241 million in preparation to start operating under its own banking license later this year. Is a banking license an asset or a liability if you’re a digital bank?

Marqeta is reportedly now valued at $4.3 billion, as banking-as-a-service continues its mature.

And LA-based fintech Stackin’ raised $13 million to scale its messaging-based offering designed to help Gen Z find the right fintech. What should we make of this?

  • 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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CurveFiservGen ZJack HenryLendingTreeMarqetaStackinTikTokTinkoffVaro
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