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Varo
Digital, FDIC-insured bank offering high-yield savings and quick money
Fintech
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Company Overview
Varo Bank, an all-digital, FDIC-insured institution, merges the expertise of banking veterans with tech specialists to provide premium banking services, including high-yield savings, automatic saving tools, and early access to paychecks. The company's commitment to customer-centric innovation is evident in its unique offerings such as Varo Advance, providing quick access to cash, and Varo Believe, a program designed to help customers build credit. With one of the highest savings rates in the country and a strong emphasis on a fee-free banking experience, Varo has successfully positioned itself as a leader in the digital banking industry.
Fintech
Company Stage
Series E
Total Funding
$996.3M
Founded
2015
Headquarters
San Francisco, California
Growth & Insights
Headcount
6 month growth
↓ -2%1 year growth
↓ -5%2 year growth
↓ -8%Location
Experience Level
Category
Education Level