Banking needs a force for good.
We help you make progress with your money.
Who is Varo?
We’re a team of engineers, money nerds, do-gooders, reformed bankers, and creative folks all committed to improving people’s lives through better banking.
We have no monthly fees or minimum balance, and we offer No Fee Overdraft to customers who qualify (see requirements). Our savings rates have real impact and you can save money automatically, all on your phone.
We believe...
…banks should be a force for good. And they should help people live better lives.
We believe everyone deserves to be treated with respect. And that net worth does not equal self worth.
We believe your bank should be in your corner. And should never make money by taking advantage of you.
We believe your bank should help you make progress. And be totally transparent.
We actually help.
Banking for all
Every person, regardless of net worth, should be treated fairly by a bank that wants them to succeed.
We mean every person. Varo has no tolerance for discrimination—not based on race, sex, sexual orientation, gender, age, disability, or any other basis of discrimination. Everyone is welcome at Varo today, and everyone will be welcome tomorrow.
A word from our founder
“We’re building a bank from the ground up to improve the financial health of our customers through better technology and total transparency.
From the start, our team has paired banking veterans with tech experts to build a mobile-only bank account that makes smart financial choices easy”.
—Colin Walsh, CEO and Co-Founder
Varo Leadership
Where We Come From
All Rights Reserved by Varo © 2020
Varo Money, Inc. | NMLS #: 1547251 | Licenses | NMLS Consumer Access
Bank Account Services provided by The Bancorp Bank; Member FDIC.
All trademarks and brand names belong to their respective owners. Use of these trademarks and brand names do not represent endorsement by or association with this program.