Varo Money Status
The company received $65 million of development capital from Barclays Investment Bank on January 14, 2019.
Developer of a financial technology-based banking platform. The company designs and offers a mobile platform used for banking purposes, including financial insights and analysis of spending, real-time budgeting along with providing a debit card, savings and lending products. It also provides access to other financial applications via an in-app marketplace. It provides checking and savings accounts, direct deposit, online bill payment, a debit card, predictive forecasts of cash flow, a line of credit and an unsecured loan through its app.
Generating Revenue
Privately Held (backing)
Private Equity-Backed
The company received $65 million of development capital from Barclays Investment Bank on January 14, 2019.
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