Klar Competitors and Similar CompaniesClear all

Varo Bank's competitors and similar companies include Revolut and Green Dot.
Varo Bank
Varo Bank
Varo Bank is a company that operates a digital bank.
Revolut
Revolut
Revolut is a fintech company that provides banking solutions for individuals and businesses.
Green Dot
Green Dot
Green Dot is a financial technology company providing prepaid debit cards and cash reload processing services.
Founding Date
Founding Date
2015
Founding Date
2015
Founding Date
1999
Type
Type
Subsidiary
Type
Private
Type
Public
Tags
Locations
Locations
San Francisco, US HQ
Locations
London, GB HQ
Melbourne, AU
Sydney, AU
Sao Paulo, BR
Paris, FR
Berlin, DE
Bengaluru, IN
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Locations
Pasadena, US HQ
Employees
Employees
5002% decrease
Employees
18,6772% increase
Employees
1,200
Valuation ($)
Valuation ($)
N/A
Valuation ($)
33 b
Valuation ($)
610.2 m

Financial

Revenue (est.)
Revenue (est.)
$128.9m (FY, 2023)
Revenue (est.)
£636.2m (FY, 2021)
Revenue (est.)
$2.1b (FY, 2025)
Cost of goods
Cost of goods
$6.5m (FY, 2023)
Cost of goods
£196m (FY, 2021)
Cost of goods
N/A
Gross profit
Gross profit
$122.4m (FY, 2023)
Gross profit
£440.2m (FY, 2021)
Gross profit
N/A
Net income
Net income
($105.3m) (FY, 2023)
Net income
£26.3m (FY, 2021)
Net income
($98.9m) (FY, 2025)

Operating

Total Deposits
Total Deposits
$324.3m (FY, 2023)
Total Deposits
N/A
Total Deposits
$3.5b (Q3, 2022)

Funding

Total funding raised
Total funding raised
$ 477.4m
Total funding raised
$ 1.7b
Total funding raised
$ 66m
For sources of this data, please see the company profile

View Company Profiles

Revolut
HQ
London, GB
Employees
18,677↑ 2% increase

Revolut is a fintech company that provides banking solutions for individuals and businesses.

View company
Green Dot
HQ
Pasadena, US
Employees
1,200

Green Dot is a financial technology company providing prepaid debit cards and cash reload processing services.

View company