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Varo Bank
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Aisha “Pinky” Cole is about her business, and she is paving the way for the next entrepreneurs to create their own empires. As AfroTech just told you, the founder and CEO of the Slutty Vegan franchise blessed the entire 2022 graduating class at Clark Atlanta University with Limited Liability Companies (LLCs). Already, recipients of the generous contributions have gotten their LLCs off the ground and running in less than three weeks. “When I graduated, I did not have a plan, but these people graduated with a plan. Now, it’s about how they executed that plan, and I’m looking forward to more entrepreneurs from that class of students who have gotten their LLCs to do something big and create that multimillion-dollar business, just like I did. If I can do it as a girl from East Baltimore from around the way and who comes from humble beginnings, I know every single one of them can too,” Cole told AfroTech in an exclusive interview.
Jun 13, 2022
The first all-digital nationally chartered bank in the U.S. just added to its board. According to a press release, Roy Swan will join Varo Bank’s Board of Directors bringing over 30 years of expertise in banking, community development, impact investing, and philanthropy across a number of leading organizations and institutions. Varo looks to accelerate its direct community action and social impact programming in support of financial inclusion and opportunity for all in the latest appointment. “Banking and finance are key components of the long-term solutions to issues of racial equity and social justice,” said Swan in a news release. “I am thrilled to be joining Varo’s Board to continue to advance its impact mission and ensure Varo is an agent of structural change in the US banking system.” Currently, Swan serves as the Director of Mission Investments at the Ford Foundation where he manages a portfolio of impact investments for one of the world’s leading philanthropic foundations....
Mar 11, 2021