Colin Walsh, CEO of Varo Bank - $1B to Create Better Banking, Securing a US Bank Charter, How to Build Trust With Customers

Miguel Armaza sits down with Colin Walsh, CEO & Co-Founder of Varo Bank, a neobank and the first consumer fintech to be granted a bank charter in the US. In a past life, Colin held leadership positions at American Express, Lloyds Banking Group, and Visa. Varo has raised close to a billion dollars and is back by Blackrock, David Rubenstein’s Declaration Partners, Warburg Pincus, and a long list of investors.<br/><br/>You can also learn more about Colin and Varo in his own podcast, the Varo Prosperity Podcast.<br/><br/>We discuss:Finding Product Market Fit and why this process can often take yearsAdvantages and disadvantages of being a regulated institution and why Colin is proud that Varo secured a banking charterMaking tough decisions and how Varo redefined itself over the last couple of yearsColin’s take on the big re-bundling of fintech… and a lot more!Live Recording Alert! Join us for a live Fintech Leaders recording and Happy Hour with Stuart Sopp, CEO & Co-Founder of Current, a multibillion-dollar fintech built in New York City.  See you at Barclays Rise New York on Monday, October 16 to kick off New York Tech Week. Register here --> https://bit.ly/3sMaIBjWant more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.<br/><br/>Do you prefer a written summary, instead? Check out the Fintech Leaders newsletter and join almost 60,000 readers and listeners worldwide!<br/><br/>Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.<br/><br/>Miguel on LinkedIn: https://bit.ly/3nKha4Z<br/><br/>Miguel on Twitter: https://bit.ly/2Jb5oBc<br/><br/>Fintech Leaders Newsletter: bit.ly/3jWIp