Tag: National Bank

Varo Bank raises $510M in funding

FintechSeptember 9, 2021

Varo Bank, the first fintech to secure a national bank charter, today announced a $510 million oversubscribed funding round, a new raise that...

Digital Bank Varo Raises $510 Million Series E at $2.5 Billion Valuation

CrowdfundingSeptember 9, 2021

Varo Bank, one of the first, nationally chartered digital banks in the US, has raised a $510 million Series E funding round. The...

[Varo Money in TechCrunch] Varo Bank raises massive $510M Series E at a $2.5B valuation as it eyes the public markets

CrowdfundingSeptember 9, 2021

Varo Bank, which last year became the first U.S. neobank to be granted a national bank charter, announced this morning it has raised a staggering...

FinovateFall 2021 Sneak Peek: Nufi

FintechSeptember 8, 2021

A look at the companies demoing at FinovateFall on September 13-15, 2021. Register today and save your spot. Nufi empowers everyone to build...

Maverix Amends and Increases Credit Facility to $160 Million

EnergySeptember 2, 2021

All amounts are in U.S. dollars unless otherwise indicated. VANCOUVER, BC, Sept. 2, 2021 /PRNewswire/ - Maverix Metals Inc. ("Maverix" or the "Company") (NYSE: MMX) (TSX:...

Canadian Fintech Flinks Acquires $103M Investment from National Bank of Canada

CrowdfundingAugust 28, 2021

The National Bank of Canada (TSE: NA) has reportedly invested $103 million in Flinks, including $30 million in growth capital “towards acceleration of...

Relay and Fio Report Successful COVID-19 Testing at Tennis Canada’s 2021 National Bank Open Presented by Rogers in Toronto

Medical DevicesAugust 23, 2021

Toronto, Ontario--(Newsfile Corp. - August 24, 2021) - Relay Medical Corp. (CSE: RELA) (OTCQB: RYMDF) (FSE: EIY2) ("Relay" or the "Company") and Fio Corporation ("Fio") together through...

Finastra onboards 25 financial institutions onto cloud-based core banking solution

FintechAugust 23, 2021

Financial services software provider Finastra onboarded 25 clients onto its cloud-based core banking solution, Fusion Phoenix, during the 2021 fiscal year. The London-based...

5 questions with Varo Bank’s chief commercial and product officer

FintechAugust 23, 2021

It has been a year since Varo Money broke ground by becoming the first fintech to secure a national bank charter without buying...

Relay Medical & Fio Partner with US Home Testing Leader to Bring Platform Nationwide for Multi-Purpose Testing and COVID-19

Medical DevicesAugust 19, 2021

Toronto, Ontario--(Newsfile Corp. - August 20, 2021) - Relay Medical Corp. (CSE: RELA) (OTCQB: RYMDF) (FSE: EIY2) ("Relay") and Fio Corporation - together through their joint venture,...

Ukraine’s Ministry of Digital Transformation’s employees may get their salaries in crypto.

BlockchainAugust 18, 2021

Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia, and the ministry is considering the option of using the state-issued coin for remuneration. The Digital Ministry is planning to […]

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