Varo Bank Stock

Varo is a digital bank that offers innovative, premium banking services wrapped in inclusive design.

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About Varo Bank Stock

Varo Bank is an all-mobile bank account app with a mission to help customers create healthy financial habits and be in control of their finances. Varo Bank offers customers bank accounts that have no minimum balance requirement or monthly account fee, high-interest savings accounts, and tech-first features to help people save and manage their money.

Varo Bank was founded in 2015 and is headquartered in San Francisco, California. Notable investors include Lone Pine Capital, Russell Westbrook Enterprises, Gallatin Point Capital, and The Rise Fund. 


Funding History

September 2021$510M
February 2021$63.0M
June 2020$241M
July 2019$100M
January 2018$45.0M
January 2017$5.0M
May 2016$28.4M


CEO and Co-Founder

Colin Walsh

Chief Financial Officer

Thibault Fulconis


coverager - Jul, 22 2022

Varo Bank lays off 75 employees

americanbanker - Aug, 19 2020

A new beginning for digital banking

bankinnovation - Jun, 24 2020

Current to add cash deposit feature

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