Oltre a Evolve, la Fintech Biz Weekly di @mikulaja esamina i problemi finanziari di Varo dai rapporti della chiamata del Q3 che la FDIC ha pubblicato venerdì.
Evolve Q3 loses grow to $5.3 million on falling BaaS rev, growing legal & consulting expenses.
As one source quipped, at the rate Evolve is spending on lawyers & consultants, it’d probably have been cheaper to just cover the shortfall 😂