Varo and Marqeta Raise Rounds, Should Digital Banks Lend? and Fintech Gets Meta

June 12, 2020 33 min
Business

Today, we’re joined by Lex Sokolin to talk through a few recent events that are indicative of what’s important in fintech right now.

Varo raised $241 million in preparation to start operating under its own banking license  later this year. Is a banking license an asset or a liability if you’re a digital bank?

Marqeta is reportedly now valued at $4.3 billion, as banking-as-a-service continues its mature.

And LA-based fintech Stackin’ raised $13 million to scale its messaging-based offering designed to help Gen Z find the right fintech. What should we make of this?

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Thank you very much for joining us today. Please welcome, Lex Sokolin.

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