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Varo News releases

Varo Bank, N.A. Applies for a National Bank Charter

  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 … Continued

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Innovators’ Spotlight: Varo Money

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

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Press Contacts

Emily Brauer Gill

Director of Brand & Communications

ebgill@varomoney.com

Kasia Mikoluk

Head of Growth

kmikoluk@varomoney.com

General inquiries

Varo Money

press@varomoney.com

Few startups try to compete with the big incumbent financial institutions head-on, but Varo is up to that challenge

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

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

Varo is taking a different approach: to meet its goal, it wants to become a full-on national bank

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