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Varo Bank
Revenue
$128.9 M
FY, 2023
Varo Bank Summary
Company Summary
- Overview
- Varo Bank is a company that operates a digital bank. It offers money management, savings, credit building, cash advance, and other solutions available via a mobile app.
- Type
- Subsidiary
- Status
- Active
- Founded
- 2015
- HQ
- San Francisco, CA, US | view all locations
- Website
- https://www.varomoney.com
- Cybersecurity rating
Table of Contents
Key People
Marina Gracias, General Counsel, Corporate Secretary
May O'Neal, Chief People Officer
Max Doerfler, Chief of Staff
Operating MetricsView all
Deposit Accounts
4.3M
19.8%
FY, 2023
Total Deposits
$324.3M
17.5%
FY, 2023
Net Loans and Leases
$49.8M
75.8%
FY, 2023
LocationsView all
1 location detected
San Francisco, CA HQ
United States
Varo Bank Financials
Summary Financials
- Revenue (FY, 2023)
- $128.9M
- Gross profit (FY, 2023)
- $122.4M
- Net income (FY, 2023)
- ($105.3M)
- Cash (FY, 2023)
- $347.5M