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’ mistakes
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
CEO
Deep Varma
CTO
Marina Gracias
GC
Carl Gish
CMO
August de los Reyes
CDO
Thibault Fulconis
CFO
Wesley Wright
COO
Philippa Girling
CRO
Where we come from
