Varo Is First FinTech to Receive Full-Service Charter from the OCC
CFPB Monitor
AUGUST 7, 2020
a wholly-owned subsidiary of fintech Varo Money, Inc. The approved application is for a full-service charter, not the OCC’s controversial FinTech charter that is currently the subject of ongoing litigation. team — the first consumer fintech to receive a national bank charter. However, as the Varo Bank N.A.
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