Varo Bank: Welcomes Jon Alferness as Chief Product Officer

Varo Bank: Welcomes Jon Alferness as Chief Product Officer

  • Varo Bank is on a mission to make financial inclusion and opportunity a reality for all – by empowering people with the products
  • Announced the appointment of Jon Alferness as its new Chief Product Officer
  • Jon joins the company at a pivotal time as Varo continues to expand its digital banking offerings
  • Alferness brings over 20 years of experience in building, scaling, and optimizing consumer products
  • Prior to Lyft, Jon served as SVP, Ads, and Commerce at Pinterest, leading the company’s revenue operation after spending twelve years
  • Recently raised $510 million in a Series E round taking its valuation to $2.5 billion
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...