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Varo Bank raises another $63M, led by NBA star Russell Westbrook

4 pointsby anuragsoniover 4 years ago

1 comment

duxupover 4 years ago
How does this work when starting a bank?<p>&gt; $482.4 million.<p>That doesn&#x27;t strike me as a lot to be a bank... and offer a lot of interest on the accounts.<p>How are they making money? With $482.4 million... I&#x27;m sure much of that is being spent, what can they loan out?