Press

Find Out What People Are Saying About Varo

In The Press

Small banks you've never heard of are quietly enabling the tech takeover of the financial industry

CNBC | February 15, 2019

The Banking Start-up Built For the Smartphone Era

Cheddar | December 12, 2018

How Fraudsters Surprised British Banks

American Banker | November 27, 2018

Banking 2028: What Banking Could Look Like In 10 Years

Forbes | November 14, 2018

Will Bay Area fintechs eat bankers' lunches?

San Francisco Business Times | October 25, 2018

Varo Banking Review: Checking, Savings

NerdWallet | September 19, 2018

Varo Mobile Banking Granted Preliminary Approval for Bank Charter

CNBC Television | September 10, 2018

Fintech Varo Money gets preliminary approval to start first mobile-only national bank

San Francisco Business Times | September 7, 2018

How online-only banks are borrowing from DTC retail strategies

DigiDay | September 7, 2018

What to keep in mind before switching to a mobile-first bank

Engadget | May 29, 2018

Quality of Life Tops In Chicago And Philadelphia

MediaPost | May 9, 2018

This is the mother of all financial advisers

Moneyish | May 5, 2018

Survey asks what San Franciscans enjoy most about their city

ABC | May 1, 2018

These millennial 'gold-diggers' aren't who you think

CNBC | April 25, 2018

Poll: Holiday gift spending will leave many in debt for months

USA Today | March 30, 2018

Here’s how long it will take Americans to pay off their Christmas debt

MarketWatch | March 30, 2018

These Personal Finance Apps Are Trying To Get You To Automate Adulthood

Buzzfeed | March 30, 2018

People are more uncomfortable talking about money than weight

New York Post | March 30, 2018

30% of Americans are 'constantly' stressed out about money—but you don't have to be

CNBC | March 30, 2018

10 New Year’s Money Resolutions for 2018

U.S. News & World Report | March 30, 2018

Mission-driven Varo Money secures $45 million from investors

American Banker | January 18, 2018

Varo Money raises $45 million for mobile banking without fees

TechCrunch | January 18, 2018

On Building A Faster Horse: Design Thinking For Disruption

Forbes | November 15, 2017

Mobile banking startup Varo Money has applied for a bank charter

TechCrunch | November 15, 2017

Varo Money, a provider of digital banking services, has applied for a national bank charter.

MSN | November 15, 2017

How to Get Ahead Without Ever Making a Budget

Huffington Post | November 15, 2017

Fintech Firm Backed by Warburg Pincus Files for Bank Charter

The Wall Street Journal | November 15, 2017

Rules Relax, Rates Rise and Some New Banks Start Up in the U.S.

Bloomberg | November 15, 2017

Varo News releases

Varo Raises Annual Percentage Yield on Savings Account to Industry-Leading 2.80%¹

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

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Mobile Banking from Varo Now on Android

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

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Varo Appoints Mary Ann Miller as Head of Fraud Strategy

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

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Varo Money ‘State of the Uni’ Survey: 37% of College Grads Feel Degree Wasn’t Worth the Student Loan Debt

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

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Varo Money, Banking Startup With a Social Mission, Makes History

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

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Varo Money Granted Preliminary Approval for National Bank Charter

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

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Press Contacts

Zach Allen

Method Communications

zachary@methodcommunications.com

General inquiries

Varo Money

press@varomoney.com

Catherine New

Head of Communications and Content

cnew@varomoney.com

Varo can disrupt big banks and build a more cost-effective and consumer-friendly platform that appeals to Millennials

[Varo’s] mission revolves around helping customers improve their financial situation

Varo’s aim is to provide a suite of app-based tools for customers’ financial health

Varo Money is an app that could replace a traditional bank account

Varo is a no-fee, all-in-one banking solution aimed at millennials… if you’ve lost your free account, ‘come to Varo, you’re welcome here

Varo’s machine-learned algorithms detect customer’s income and expenses, and then predict outcomes over the near-term future — linked to a system of notifications, recommendations and tracking