Varengold has “satisfactory start” to 2024 as special audit continues
Varengold Bank, which finances fintechs, has said that it had a “satisfactory start” to the year, after completing a reorganisation following a special audit ordered by the German financial regulator. The German Federal Financial Supervisory Authority (BaFin) ordered a special audit of the bank last year, which led to restrictions in its payment transaction business. […]