Here are a few of the most interesting Varo Bank statistics and facts I was able to dig up including user counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
What is Varo Bank?
Varo is an entirely new kind of bank. All digital, mission driven, FDIC insured and designed for the way our customers live their lives. 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 premium banking, including quicker access to your money, high-yield savings, and automatic saving tools. Varo has raised over $992.4m to date, from leading institutional investors and strategic partners including Warburg Pincus, The Rise Fund, Gallatin Point Capital, Harbourvest Partners, Progressive Insurance, Russell Westbrook Enterprises, and Lone Pine Capital. Varo. (source)
Varo Bank Facts
Here is pretty much everything you ever wanted to know about Varo Bank.
- Website: Official Website
- Year Founded: 2015
- Headquarters: San Francisco, CA
- Founder(s): Colin Walsh
- Current Chief Executive: Colin Walsh
- App Download (iOS)
- App Download (Android)
Please note that some of these numbers are easier to find than others. A few of these Varo Bank statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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