Chime, Varo May Mislead on Overdrafts

Unclear How Many Qualify for Larger Amounts

Hey all, Jason here.

It’s Super Bowl Sunday — not a big event here in the Netherlands (doesn’t help that it’s on at midnight). The big game will feature commercials for a number of financial services companies, including trendy buy now/pay later startup Klarna and “challenger” bank Varo.

Thinking about how fintech startups are marketing themselves led me…