News / Switzerland - 3 years ago
Neobank Varo Raises US$510 Million, Now Valued at US$2.5 Billion
US-based Neobank Varo Bank announced that it closed a US$510 million oversubscribed Series E funding round, valuing it at US$2.5 billion. The round was led by new investor Lone Pine Capital, who was joined by dozens of additional new investors includ...