Varo CEO Steps Down

Shake-ups & startups! Varo’s leadership shift...

February 19, 2025

Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.

What we’ll cover today:

🚪 Varo CEO steps down—what’s next for digital banking?

🚀 NatWest backs five fintech startups—who made the cut?

🔥 Fintech leaders’ hot takes on 2025 trends.

📅 Must-watch fintech events coming up!

Varo Bank’s CEO, Colin Walsh, is reportedly stepping down from his role after leading the digital bank since its inception.

🚨 Breaking News: Varo Bank might soon have a new leader, as Colin Walsh is expected to step down as CEO after years of heading the company.

⚡ Wire Simplified –

  • Colin Walsh has been the CEO of Varo Bank since its early days.

  • Varo Bank was the first all-digital bank to get a U.S. national charter.

  • The bank has faced financial challenges despite its early growth.

  • There is no official announcement on his replacement yet.

  • The fintech industry is watching closely for Varo’s next move.

✔️ Straight to the Point –
Varo Bank is at a turning point as its CEO reportedly prepares to step down, leaving questions about the bank’s future leadership and strategy.

NatWest has selected five UK fintech start-ups to join its first-ever Fintech Growth Programme, aimed at supporting innovative financial solutions.

🚨 Breaking News: NatWest is backing five fintech start-ups with its new growth programme, giving them resources, mentorship, and industry connections.

⚡ Wire Simplified –

  • NatWest launched its first fintech accelerator.

  • Five start-ups were chosen for their innovative financial solutions.

  • The programme includes mentorship, funding, and networking opportunities.

  • The selected fintechs focus on payments, AI, and financial accessibility.

  • This move strengthens NatWest’s support for UK fintech innovation.

✔️ Straight to the Point –
NatWest is betting big on fintech by nurturing five start-ups, signaling a push for more innovation in the UK banking sector.

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People who are good at coming up with ideas will enjoy great leverage in the age of AI

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Can we talk about how unbelievably stupid the market’s reaction to DeepSeek was?

Compute got more useful, and everyone sold.

Literally today for Grok 3 Elon goes “Oh yeah we bought ANOTHER 100k H100s!” and mentioned a new 1.2 GW datacenter.

Nobody is going to buy less GPUs.

European FinTech Summit 2025
This event brings together Europe’s FinTech community to discuss the future of banking, payments, and digital currencies, along with showcasing innovative startups.
Date: June 2025 | Location: Brussels, Belgium

Book your seat here

Blockchain Expo Europe 2025
While primarily blockchain-focused, this event includes significant FinTech topics such as digital payments, smart contracts, and decentralized finance.
Date: September 17–18, 2025 | Location: Amsterdam, Netherlands

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Fintech Wire News. 

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