We’re always looking for new ways to give back to the community—because change begins at the ground level.
Varo impact program
Financial Access & Inclusion
FINANCIAL LITERACY & EMPOWERMENT
EMPLOYEE ENGAGEMENT
THOUGHT LEADERSHIP
Varo 2023 customer data
Our customers had their best year yet.
9.6M
Credit points earned using the Varo Believe Card
$236.4M
Saved in Monthly Bank Fees
$294.4M
Saved with Save Your Pay
$15.5M
Saved with Save Your Change
Varo volunteering
Varo volunteers out in the world.
123+
Varo employee volunteers
611+
Hours volunteered
18+
Volunteer events
Past initiatives.
Varo x Pinky Cole
Varo joined in on Pinky Cole’s mission to empower communities of color by contributing financial support to and professional mentorship for small business owners.
BlackRock Emergency Savings Initiative
We partnered with BlackRock and Common Cents Labs on an initiative to help Varo customers save more money.
Varo x Aspen Institute
The Aspen Institute works toward fixing financial inclusion gaps in the U.S. Together, we urged the Treasury Department to address these gaps.
In the press
"Neobanks are a dime-a-dozen these days...Not Varo. The digital-only bank is the first consumer fintech to be granted a full-service bank charter..."
"Colin Walsh is on a mission to create a more inclusive digital bank– and he went through the regulatory wringer in the middle of the pandemic to prove it..."
“We’re a direct member of the FDIC, we’re regulated by the OCC, and we’ve made very prudent decisions to build a very effective risk management program that protects our customers” - Colin Walsh