T: The FinTech Times - The 1 in 3.5 million black swan
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. The $100 million credit facility is being provided by Brevet Capital, a US-based investor that provides alternative financing options to companies with government contracts. More recently, it has launched its own exchange so that wallet users can trade assets more easily. It’s keen on striking partnerships and wants to be as prominent as Stripe, said Visa FinTech boss Terry Angelos. Varo Bank, which last year became the first U.S. neobank to be granted a national bank charter, announced that it’s raised another $63 million in new funding.