Silicon Valley Looks at Something New: Starting a Bank
Warburg Pincus is leading an investment round of more than $27 million in Varo Money Inc., a startup that may one day take the rare step of seeking its own bank charter
Warburg Pincus’s new bet on the future of banking borrows from the industry’s past.
The New York firm is leading an investment round of more than $27 million in San Francisco-based Varo Money Inc., a startup that may one day take the rare step of seeking its own bank charter.
Led by Colin Walsh, a veteran of American Express Co. and...







