90% of Varo lending decisions derived through cash flow underwriting

Date:

Share post:


NEW YORK — Varo Bank is upgrading its underwriting systems to develop deeper customer relationships and grow.  The $486 million digital bank was one of the first fintechs to gain a banking license in 2020 from regulators and has tried all forms of underwriting to grow while still maintaining high credit standards, Das Mohandas, chief […]



LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Start with No Rentals, Retire Decades Early

This is the proven path to becoming a real estate millionaire, retiring early, and gaining complete financial...

15 Smart Moves to Make When Your Job Search Hits a Wall

Editor's Note: This story originally appeared on FlexJobs.com.Sometimes, when you’re in...

Why Levi’s turned a hackathon idea into an AI tool for store employees to make denim shopping easier

While hosting a hackathon last year, an employee at Levi Strauss & Co. presented a new generative...

Apple CEO Tim Cook says his late predecessor Steve Jobs gave him this unusual advice when he handed over the reins: ‘Never ask what...

Many companies are inextricably tied to their iconic founders—from Mark Zuckerberg being the face of Meta, to...