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.
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.
How we make money
We only charge one fee to make money, and that’s when you use an out-of-network ATM. So how do we keep the lights on?
Every time you use your Varo Visa® Debit Card, the merchant pays us a small percentage of the transaction. We also make money from our partners when you take advantage of their offers. To get to where we are now, we’ve raised funds from investors who believe in our mission to help everyone improve their financial life.
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
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Deep Varma Chief Technology Officer
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Marina Gracias General Counsel
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August de los Reyes Chief Design Officer
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Smith Forte Chief Product Officer
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Halle Hutchison Chief Brand Officer
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Thibault Fulconis Chief Financial Officer
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Wesley Wright Chief Operating Officer
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Philippa Girling Chief Risk Officer
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Lisa Violet Chief Auditor
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May O’Neal Chief People Officer
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.