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A new way to bank for everyone, easily accessible via a mobile app

A new way to bank for everyone, easily accessible via a mobile app

We're on a mission to empower hard-working Americans to achieve greater financial resilience; arming them with the products and support they need to create healthy financial habits. Through our mobile app, we offer customers premium bank accounts that have no minimum balance requirement or monthly account fees, high-interest savings accounts, and solutions to build, repair, and access credit. Our state-of-the-art technology provides tech-first features to help people achieve their financial goals and manage their money more easily. Varo is distinct from other fintechs: We've made history as the first and only consumer fintech to be granted a national bank charter by the Office of the Comptroller of the Currency (OCC). Our unique team combines the best of tech and banking, and we’re wildly passionate about keeping our customers happy by helping them manage and grow their money. Our teams are based in San Francisco and Salt Lake City. Privately held, we've raised over $419M to date, from leading institutional investors and strategic partners including Warburg Pincus, The Rise Fund / TPG Growth, Gallatin Point Capital, Harbourvest Partners, and Progressive Insurance.

Andrew Mitsch

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Worked at Varo Money, Earnest and Capital One. Received MBA at University Of California Berkeley Haas School Of Business, Bachelors at University of Notre Dame

Rod Shokrian

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Full stack web developer with a passion for building beautiful and functional apps
Total raised

$72M

Funded over

2 rounds

Latest round

Series B (Jan 2018)