A force for good

We're making it easy for everyone to save money and earn interest.

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 offer savings rates with real impact, charge no account fees, are built for mobile, and let you save automatically.

With Varo, your money is FDIC insured to at least $250,000 through The Bancorp Bank; Member FDIC.

We believe

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.

Our promise to you

Be open and honest

Treat everyone with respect

Never have a hidden agenda

Work with customers, not against them

We won’t make money off customers’ mistake

How it all started

After 25 years in traditional banking, Colin Walsh, Varo CEO and co-founder, was fed up with a problem in the industry.

There’s a growing disconnect between what customers want: a bank account without fees that helps them solve everyday financial problems…

…And what many traditional banks offer: expensive, difficult products and tricky policies that don’t help customers.

“We’re building a bank from the ground up to improve the financial health of our customers through better technology and total transparency.” – Colin

From the start, our team has uniquely and strategically paired banking veterans with tech experts to build a mobile-only bank account that makes smart money management easy.

Varo Leadership

Colin Walsh

Colin Walsh

CEO

Deep Varma

Deep Varma

CTO

Marina Gracias

Marina Gracias

GC

Carl Gish

Carl Gish

CMO

Ann Watson

Ann Watson

CPO

Thibault Fulconis

Thibault Fulconis

CFO

Wesley Wright

Wesley Wright

COO

Philippa Girling

Philippa Girling

CRO

Where we come from

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