Full article at: DelawareBusinessTimes.com
Wilmington based Bancorp Bank has announced a partnership with Varo Money Inc., a mobile-only banking start-up.
The Bancorp services will support Varo’s mobile checking and savings products, while other companies will provide processing and verification services.
“The Bancorp Bank, has been repeatedly recognized in the payments industry as the Top Issuer of Prepaid Cards (U.S.)” –Finance.Yahoo.com
Wilmington is quickly evolving into a financial tech capital. The investments & initiatives like ZipCode Wilmington, Wilmington University’s tech education program, along with the inaugural OpenBracket Challenge, Delaware’s first coding competition starting Oct. 15th. Provide 21st century skills that attract not only businesses, but millennials to stay and prosper in Wilmington.