Varo Money Inc. Information

Varo’s mission is to redefine banking so it’s easy for everyone to make smart choices with their money. And we’re on our way. In July 2018, the Office of the Comptroller of the Currency (OCC) granted Varo preliminary approval for a national bank charter, keeping us on track to become the first mobile-only national bank in U.S. history. We’re working toward our mission with a team that uniquely and strategically combines banking veterans with technology experts. The banking experts provide decades of industry experience, and the tech experts can build a mobile app that offers everyone access to no-cost, premium banking, including high-yield savings and auto-saving tools. Varo has raised $78M to date, led by Warburg Pincus and The Rise Fund/TPG Growth.