Varo Money

OverviewSuggest Edit

Varo Money operates as a financial technology company that provides mobile-only banking solutions. The company offers an all-in-one banking app that can help people cover their expenses, pay bills, and build wealth. It integrates basic banking products (deposits, savings, and lending) with financial health tools (cash flow projections, spend tracking and smart alerts).
TypePrivate
Founded2015
HQSan Francisco, CA, US
Websitevaromoney.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Nov 2021)499(+4%)
Job Openings172
Cybersecurity ratingBMore
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Key People/Management at Varo Money

Colin Walsh

Colin Walsh

CEO and Co-Founder
Deep Varma

Deep Varma

Chief Technical Officer
Halle Hutchison

Halle Hutchison

Chief Brand Officer
Marina Gracias

Marina Gracias

General Counsel, Corporate Secretary
May O'Neal

May O'Neal

Chief People Officer
Wesley Wright

Wesley Wright

Chief Commercial and Product Officer
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Varo Money Office Locations

Varo Money has an office in San Francisco
San Francisco, CA, US (HQ)
111 Sutter St, San Francisco
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Varo Money Financials and Metrics

Summary Metrics

Founding Date

2015

Varo Money total Funding

$477.4 m

Varo Money latest funding size

$63 m

Time since last funding

9 months ago

Varo Money investors

Varo Money's latest funding round in February 2021 was reported to be $63 m. In total, Varo Money has raised $477.4 m
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Varo Money Operating Metrics

Jun, 2020Feb, 2021

Accounts

3 m

Total Customer Accounts

2 m
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Varo Money Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Varo Money Online and Social Media Presence

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Varo Money News and Updates

Varo Money granted national bank charter

Varo Money has become the first US consumer fintech firm to be granted a national bank charter, enabling the digital challenger to offer a full suite of FDIC-insured services.

Varo Money Raises $241 Million As It Moves Closer To Becoming A National Digital Bank

Despite the COVID-19 pandemic, Varo Money was able to raise $241 million in venture funding, bringing on new investors along the way.

Varo Money Blogs

How Are Credit Scores Calculated? FICO Scores Explained

Links to external websites are not managed by Varo Bank, N.A. Member FDIC What three-digit number can make or break your ability to borrow money? That’s right — it’s your credit score. Applying for financing and housing can all come down to what FICO says about your financial history.  But what is F…

Credit Score Ranges: What’s a Good Credit Score?

Your bank account balance isn’t the only number that’s critical to your financial future. Your credit score determines what rates and offers you’ll be eligible for, and a low score limits your options. Let’s dive into credit score ranges and what a good credit score looks like.  What is a Credit Sco…

7 Reasons Why Your Credit Score Dropped

Links to external websites are not managed by Varo Bank, N.A. Member FDIC Credit scores change all the time, and sometimes it’s unclear why. Here’s a primer on the most common reasons credit scores take a sudden plunge and how you can prevent it from happening. What is a Credit Score? Your credit sc…

7 Ways to Improve Your Credit Score Fast

If you’ve taken a look at your credit score lately and want to raise it by a few points, you may be wondering where to start. Here’s a list of seven ways you can make a direct impact to improve your credit score.  What is a Credit Score? Your credit score is a three-digit number […] The post 7 Ways …

12 New Year’s Money Resolutions

Want to be better off in 2021? These tips are for you. The post 12 New Year’s Money Resolutions appeared first on Varo Bank.

COVID-19 Unemployment Benefits: What’s New

Enhanced unemployment benefits have been extended by the new COVID-19 relief bill. The post COVID-19 Unemployment Benefits: What’s New appeared first on Varo Bank.
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Varo Money Frequently Asked Questions

  • When was Varo Money founded?

    Varo Money was founded in 2015.

  • Who are Varo Money key executives?

    Varo Money's key executives are Colin Walsh, Deep Varma and Halle Hutchison.

  • How many employees does Varo Money have?

    Varo Money has 499 employees.

  • Who are Varo Money competitors?

    Competitors of Varo Money include Affirm, Plaid and Coins.ph.

  • Where is Varo Money headquarters?

    Varo Money headquarters is located at 111 Sutter St, San Francisco, San Francisco.

  • Where are Varo Money offices?

    Varo Money has an office in San Francisco.

  • How many offices does Varo Money have?

    Varo Money has 1 office.