Varo Bank raises another $63M, led by NBA star Russell Westbrook (techcrunch.com) 4 points by anuragsoni 5y ago ↗ HN
[–] duxup 5y ago ↗ How does this work when starting a bank?> $482.4 million.That doesn't strike me as a lot to be a bank... and offer a lot of interest on the accounts.How are they making money? With $482.4 million... I'm sure much of that is being spent, what can they loan out?
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[ 2.7 ms ] story [ 10.2 ms ] thread> $482.4 million.
That doesn't strike me as a lot to be a bank... and offer a lot of interest on the accounts.
How are they making money? With $482.4 million... I'm sure much of that is being spent, what can they loan out?