Varo Money says it has received FDIC approval for federal deposit insurance, bringing it closer to a national bank charter, a first for a fintech startup (Felix Salmon/Axios)

Felix Salmon / Axios:
Varo Money says it has received FDIC approval for federal deposit insurance, bringing it closer to a national bank charter, a first for a fintech startup  —  Digital banks have dreamed of this day since Bank Simple first launched in 2012.

from Techmeme https://ift.tt/39gMYpY
via IFTTT