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SAN FRANCISCO – March 5, 2019 – New survey research from mobile banking company Varo Money found Americans are curiously optimistic about their futures, despite having little or no money saved. Emergency cash Across all age groups, 55% of respondents said they did not have $500 in cash for an emergency. Men are far more … Continued

SAN FRANCISCO – February 26, 2019 – Mobile banking startup Varo Money, Inc. today announced the hire of Deep Varma as Chief Technology Officer. Varma will lead Varo’s product development engineering, data science and infrastructure, and security and technical operations teams. Varma comes to Varo with more than 20 years of Silicon Valley experience creating … Continued

CEO Colin Walsh: “Banks should be doing more to help American consumers save.” SAN FRANCISCO – January 29, 2019 – In a move to make high-yield savings available to more Americans, no-fee mobile banking company Varo Money, Inc., announced today that it raised the Annual Percentage Yield (“APY”) on its FDIC-insured Varo Savings Account to … Continued

SAN FRANCISCO – January 1, 2019 – Mobile banking company Varo Money, Inc., which is on track to become the first mobile-centric national bank in U.S. history, has launched of its Android app, available in the Google Play store. The addition of Android makes Varo’s no-account fee* mobile banking services available to millions more Americans. … Continued

Mobile banking company brings on financial services fraud expert to help shape the company’s security infrastructure and strategy SAN FRANCISCO – September 24, 2018 – Mobile banking startup Varo Money, Inc. today announced the hire of Mary Ann Miller as Head of Fraud Strategy. Miller comes to Varo with a wealth of experience helping banks, … Continued

Survey also reveals that millennials are pragmatic: only 14% willing to be ‘starving artists,’ and 75% willing to ‘get a real job’ by age 40 if their dream career doesn’t pan out SAN FRANCISCO — September 13, 2018 — As students from coast to coast prepare for the fall semester, Varo Money, Inc., the all-mobile … Continued

Pending Final Approval, Varo Will Be the First All-Mobile National Bank in the History of the United States SAN FRANCISCO – Varo Money, Inc., the banking startup that aims to helps its customers get ahead financially, is on the way to becoming the first national all-mobile bank. The startup has been granted preliminary approval of … Continued

Digital Banking Startup Makes History and Changes Course of Banking as First Fintech to Receive Preliminary Approval for a National Bank Charter from the OCC SAN FRANCISCO – The organizers of Varo Bank, N.A. today announced they have been granted preliminary approval by the Office of the Comptroller of the Currency (OCC) of their application … Continued

Fulconis has extensive experience in financial management and joins Varo from the executive team of Bank of the West SAN FRANCISCO – August 21, 2018 – Mobile banking startup Varo Money, Inc. today announced the hire of Thibault Fulconis as Chief Financial Officer. Fulconis has extensive experience in financial management and joins Varo from the … Continued

SAN FRANCISCO (PRWEB) MAY 22, 2018 Mobile banking company Varo Money, Inc. has announced the results of their “Talk Money to Me” survey. The survey of more than 1,000 U.S. adults age 18+, conducted by Propeller Insights on behalf of Varo Money in March of 2018, revealed that money is not a major consideration for Americans when picking a … Continued

SAN FRANCISCO (PRWEB) MAY 09, 2018 Mobile banking company Varo Money, Inc. has announced the results of their “Mom: CFP” survey. The survey of more than 1,000 U.S. adults age 18+, conducted by Propeller Insights on behalf of Varo Money in March 2018, determined that Mom is the go-to financial advisor of many Americans and that many people … Continued

SAN FRANCISCO (PRWEB) May 03, 2018 Mobile banking company Varo Money, Inc. has announced the results of their #SwitchYourBank survey. The survey of more than 1,000 U.S. adults age 18+, conducted by Propeller Insights on behalf of Varo Money in April 2018, looked at what Americans most love about San Francisco, Los Angeles, Chicago, Philadelphia, and New York, … Continued

SAN FRANCISCO—March 6, 2018— Mobile banking startup Varo Money, Inc. is demonstrating its commitment to help Americans build real savings with the launch of 1.25% annual percentage yield (APY) on their savings account*. The top 5 largest national banks offer 0.01-0.04%.** Varo is also announcing a new product feature, SMS Alerts, which make it easier … Continued

Mobile banking startup Varo Money, Inc. today announced the hire of Carl Gish as Chief Marketing Officer. Gish is a marketing and general management executive with more than 20 years of experience across well-known, high-growth consumer brands and e-commerce businesses, including Amazon, Unilever, Dyson, eBay and Affirm. He will lead all aspects of the company’s branding and … Continued

Just in time for Valentine’s Day, mobile banking startup Varo Money, Inc. has released their “Love Is in the Air” study. The study of more than 1,000 U.S. adults age 18+, conducted by Propeller Insights on behalf of Varo Money in December of 2017, determined that romance is a much higher priority for millennials than other American … Continued

  SAN FRANCISCO (PRWEB) JANUARY 31, 2018 In tandem with the announcement of their Series B funding, Varo Money, Inc., a mobile banking startup, today debuted “Money Diaries,” a series of videos that looks at the lives and financial issues of the core demographic—ambitious, professional millennials—that Varo is serving. The series of short, documentary-style videos will explore … Continued

SAN FRANCISCO–(BUSINESS WIRE)–Varo Money, Inc., a mobile banking startup, announced today that it has closed a $45M Series B funding round led by existing investor Warburg Pincus, a global private equity firm focused on growth investing, and The Rise Fund, a global impact fund led by private equity firm TPG. The Rise Fund is committed to … Continued

Varo Money, Inc., a mobile banking startup, has released the results of its New Year’s Resolutions Survey. The survey of over 1,000 U.S. adults conducted by Propeller Insights on behalf of Varo in November 2017 determined that many Americans will be paying for the holidays well into the new year, that streaming media services are … Continued

Varo Bank, N.A. pursues mission to begin new era of financial services innovation, making it easier and more affordable than ever before for consumers to manage their money. San Francisco – July 25, 2017 Varo Money, Inc., a mobile banking startup helping customers solve financial problems, manage money and reach financial goals, today announced that … Continued

As many U.S. consumers struggle with financial health, established banks often don’t provide the personal tools and guidance needed to help customers improve their financial situations. Filling that unmet demand was the impetus for mobile banking app Varo Money. “Consumers continue to struggle building savings and we believe that most of the big established banks … Continued

SAN FRANCISCO–(BUSINESS WIRE)–Varo Money, Inc., a digital banking app for ambitious, responsible millennials who are hands-off with their money, today announced a significant expansion to its digital banking app: Varo Forecast, a tool to help customers understand their real cash flow situation and calibrate their spending. Varo has also expanded its core product offering to … Continued

Varo Money, Inc., a digital banking app for ambitious, responsible millennials who are hands-off with their money, today announced the release of its Future of Banking survey. The national survey, conducted online by Propeller Insights on behalf of Varo Money in August 2017 among more than 1,000 U.S. adults, discovered that Americans today—and especially millennials—are … Continued

Varo Money, Inc., a digital banking app for ambitious, responsible millennials who are hands-off with their money, today announced the release of its Love & Money survey. The survey, fielded to hundreds of millennials, discovered that millennials are prioritizing travel, putting money in the bank and looking for Mr. or Ms. Right. Millennials in love … Continued