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Varo Achieves Milestone AsĀ First Consumer FinTech To Get National Charter

PYMNTS

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. Department of the Treasury that charters and regulates financial institutions. Varo is the first consumer FinTech to receive a new national bank charter from the U.S. To date, Varo has raised $419.4

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Strategic Insight Buys BrightScope for Reported $35+ Million

Fintech Labs Insights

” Commenting on the news, Strategic Insight CEO Joel Mandelbaum said, “BrightScope is well known for its unique retirement data and its technology innovation. But RIABiz reports that the acquisition was financed by Genstar Capital and notes “outside sources peg the deal at $35 to $40 million.” Germany, and Canada.

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Bridging Banking Gaps For Cannabis Companies

PYMNTS

Nowhere does that ring truer than in the nascent and growing legal cannabis industry, where billions of dollars flow the old-fashioned way ā€” hand to hand, because of the clash between federal and state regulations over its legality. Thatā€™s according to data published at the end of last month, per data from the U.S. without resorting to cash.

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