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  • December 17th 2020

Is an all-digital bank better suited to address systemic barriers to building wealth in America? Varo made history this summer as the first digital bank to gain a US national bank charter. Founder and CEO Colin Walsh says Varo is a mission-oriented, data-driven member of the FDIC and has the dependability of an old banking institution, with the agility of a Silicon Valley tech company. He speaks with Maya Chorengel, co-managing partner of The Rise Fund, an early supporter of Varo. How are the bank’s services — like early access to paychecks, short-term lending, and credit improvement programs — meeting heightened customer needs throughout the pandemic? In what ways is Varo leveraging customer data to inform new products and designing them for the way we live? Presented by The Rise Fund.

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