Varo Bank’s Post

Varo Bank CEO Colin Walsh spoke to The Full Ratchet Podcast host Nate Pierotti about how his time in the banking industry helped him found Varo Bank, the hardships facing those living paycheck to paycheck, the differences in being a bank vs. relying on a sponsor bank, and more. Check it out: #Banking #MobileBanking #Techbank #Fintech

Excited to see Skye Isard take the stage at Empire Fintech Week! If you work for a bank, credit union or fintech you'll want to grab his time: https://lnkd.in/gNBiuPyN Get advice on how to best integrate your systems to harvest efficiencies now while also future-proofing your organization. Banking Digital Transformation, IPaaS, Poker & GenAI in Banking are just a few topics he's an expert on!

Rule 1033 and David Nohe, CEO of FinGoal, form a powerful combination that can be a game-changing advantage for community banks.   🤓 David might be the smartest guy in town right now. Join us as we take a closer look at Rule 1033 and discuss the significance of taking fast action.   Some key topics we cover: 💰 1033 & Open Banking - is there a silver lining? 🎯 1033's influence on marketing and customer acquisition 💡 Cracking the 1033 cheat code 🏛️ The value of being charter-centric 📈 Harnessing data for competitive advantage   🚨 It's not time to panic, but it's time to act. If you're a community banker seeking guidance, we're here to help you find the way. Reach out to Matthew Smith with Bankers Helping Bankers.   Want to ride along with the FinTech Cowboys every week? We've got you covered:   📧 Newsletter: https://lnkd.in/gj6a23u9 🎧 Apple Podcast: https://lnkd.in/gcB26KgX   #openbanking #CFPB #BaaS #banktech #truthinbanking #communitybanking #communitybanks #fintech #fingoal https://lnkd.in/gz-typX3

The First generation of BaaS was focused on building everything for everyone The next generation of BaaS is focused on compliance and a clear GTM strategy Vertical SaaS marketplaces and operating systems are starting to expand their services offerings Clients/customers are begging for all-in-one products again The easiest route to building and scaling these products are through embedding value/revenue driving BaaS products within This strategy has already begun to spark fast growth in some very sexy and very unsexy industries and marketplaces Industries to think about: -- Marketplaces: Faire, eBay, Airbnb etc. -- Healthcare OS: Medical Spas, Dental Offices -- Professional Service OS: Architecture, Construction, Accounting etc. +many more Beyond excited to discussing the Future of Banking-as-a-Service with Meg Garand, Will Sowell, Jason Mikula and Amanda Swoverland at Fintech Meetup (March 3-6) in Las Vegas.

The time to embrace change is now. Learn how the Consumer Financial Protection Bureau's new 1033 regulations will change the world of financial services, especially for community financial institutions. Check out the latest FinTech Cowboys 🤠 episode with Tanner Mayo, Dave Mayo, and our CEO David Nohe.

🎙 Bryce Deeney, Co-Founder & CEO of equipifi flips the script on BaaS. 💡 We're circling back one year later to hear his latest updates and insights, and Bryce absolutely crushed his predictions from last year. 📈🔥   Bryce brings a fresh perspective on empowering community banks. 🚀 Join in for a timely discussion about the evolving world of BNPL and BaaS. Some of the key topics we cover this week:   💼 Are your SMB customers becoming your next competitor? 🏦 Are BaaS banks stealing your commercial accounts? 💳 Affirm's debit card adoption and usage 🛒 What does Point of Sale mean anymore?  📊 The role of BNPL and how it's reshaping the financial landscape (ever heard of a Crebit Card?) 📈 Harnessing BNPL to retain and grow accounts and deposits 💡Partnering with the RIGHT FinTechs 💰 Navigating the great deposit transfer 🚫 The grave error lurking in our BaaS vocabulary   Bryce also makes some predictions for next year and we can't wait to revisit to see if he'll knock it out of the park again!   Missed our first conversation? No worries, you can catch it here: https://lnkd.in/gbgciFcu   Want to ride along with the FinTech Cowboys every week? We've got you covered:   📧 Newsletter: https://lnkd.in/gj6a23u9 🎧 Apple Podcast: https://lnkd.in/gcB26KgX   #baas #bnpl #smbbanking #banktech #truthinbanking #communitybanking #communitybanks #fintech #equipifi https://lnkd.in/g-eziK_Q

Discover the riveting journey of Varo Bank, a pioneering neobank in the U.S. fintech landscape! Varo's innovative approach has captured the industry's gaze, but recent challenges beg the question: Can it weather the storm? Despite a $2.5B valuation and a game-changing charter, Varo faces revenue hurdles and user attrition. Dive into the insights on our website to unravel the complexities of Varo's financial landscape: https://lnkd.in/dETQBUNC 🔍 What's Inside? - Varo's Revenue Composition - Marketing Investments vs. User Loss - Loan Book Growth and Product Innovations Our analysis scrutinizes the highs and lows, providing valuable lessons for new entrants. Varo's story is a cautionary tale—underscoring the need for sustainable models in the dynamic U.S. fintech realm. Continue the exploration on our website: https://lnkd.in/dETQBUNC #VaroBank #CInnovation #PodcastLaunch #FintechInsights #FintechInnovation #DigitalBanking #FinanceInsights #BankingRevolution #DigitalTransformation #BankingInnovation #FinancialGrowth #Finance #Banking #FinancialServices #Fintech #BankingNews #TechInFinance #FinancialNews #NeoBanking 

Join us at Money20/20! 🚀 Exciting news from the Duffel team! We'll be at Money20/20. ✈️🌍 If you're curious about how a travel booking feature can enhance your core offering, give me a shout. 💡 💼🌐 Let's connect and explore the future of fintech and travel together. 👋💼 #money2020 #traveltech #digitalbanking #neobank #expensemanagement

Join us at the Global Fintech Fest 2023 to meet the visionary founders behind this groundbreaking platform - @axleratefintech . Our founders, pioneers in the fintech industry, have dedicated their expertise and passion to shaping the future of finance. Don't miss this exclusive opportunity to connect with these industry leaders, gain invaluable insights, and be a part of the fintech revolution. @globalfintechfest @giftson_selladurai @solomonashok @samsonselladurai #FintechTest2023 #GlobalFintech #Fintechinnovation #FinanceRevolution #TechinFinance #FintechLeaders #DigitalFinance #FutureOfMoney #FinancialTechnology #FintechConference #FinTechTrends #Fintechindustry #FintechEvent #FintechInsights #FinancialInnovation #FintechNetworking #BlockchainFinance #PaymentTech #FintechStartups #FintechVisionaries

Basic banking + > Add security >> multi-factor authentication e.g. touch ID >> data encryption to keep info confidential >> design own guardrails e.g. transaction limits > Modern UI > Bills on autopilot & employee payments