Varo Bank | Company Profile - Revenue, Headcount, Tech Stack, Contacts

Varo Bank | Company Profile - Revenue, Headcount, Tech Stack, Contacts

Updated January 14, 2026
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Varo Bank is a digital bank based in Salt Lake City, Utah, founded in 2015.

Employees262
Revenue$167.6M
Total Funding1.1B
Alexa Rank# 133402

Industry & Market

Primary Industry
banking
All Industries
bankingfinancial services
Location
San Francisco, California, United States

Funding Information

Latest Stage
Series g
Annual Revenue
$167,600,000

Headcount Distribution

Total Employees
262
Departments
19

By Department

Department Breakdown

Engineering
Operations
Finance
Support
Business Development
Data Science
Others

Keywords & Focus Areas

mobile bankinguser interfacefinancial servicesrisk managementdesign researchcustomer experiencedigital bankingfinancial inclusionfdic insuredbankocc chartered banksecurefinance technologyfinancecredit-building productsfinancial technologybankingfee-free cash depositscashback rewardshigh-yield savings account+10 more
30 total keywords

Overview

Varo Bank is a digital bank based in Salt Lake City, Utah, founded in 2015. It was the first fintech company to receive a full national bank charter from the Office of the Comptroller of the Currency in 2020. Varo focuses on providing fee-free mobile banking services to underserved consumers, including the unbanked, underbanked, and millennials with credit scores above 600. The bank aims to improve financial inclusion and lives through its comprehensive suite of digital banking tools.

The institution offers high-yield savings accounts, direct deposits, debit cards, and budgeting tools through its mobile app, along with lending options as alternatives to payday loans. By late 2021, Varo had served over 4 million accounts and targeted up to 180 million potentially underserved Americans. Varo leverages modern technology and efficient operations to maintain lower customer service costs compared to traditional banks.

Key Metrics

Total Employees
XXXX
Total number of employees
Engineering
XX
Number of employees in the engineering department
Sales Team
$XX
Number of employees in the sales department
Marketing
XX
Number of employees in the marketing department
Founded
XXXX
Year the company was founded
Revenue
$XXX,XXX,XXX
Total revenue of the company
Total Funding
$XXX M
Total funding of the company
Market Cap
$XXX,XXX
Market cap of the company

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Contact

Company
Varo Bank
Headquarters
555 Montgomery Street, San Francisco, California, United States, 94111
Founded
2015
Industry
banking

Technology Stack

Analytics & Tracking

Google Analytics

Social & Marketing

Not found

Database & Backend

Not found

Cloud & Infrastructure

Atlassian CloudCloudFlareCloudFlare CDNCloudFlare Hosting

Productivity

Not found

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