Varo raises $123.9M, adds 2 board members

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Operational Brief

Varo has added two new board members and a new investor. The additions include Morgan Stanley’s former marketing chief and an 18-year veteran of JPMorgan Chase.

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Original Source Material

Morgan Stanley’s former marketing chief and an 18-year veteran of JPMorgan Chase have joined the digital bank’s board, which also counts Coliseum Capital Management among its new investors.