Varo
Varo70
About
What does Varo do?
Varo Bank is the first all-digital, nationally chartered bank in the U.S., founded in 2015. It offers mobile-first banking services including high-yield savings, fee-free checking, and consumer lending products, aiming to serve customers underserved by traditional banks. Varo leverages proprietary machine-learning models to broaden lending access and provides a technology-first customer experience with strong governance and risk discipline.
What is Varo's revenue?
StartupHub estimates Varo's annual revenue at $135.6M (range $105.2M to $156.5M, 63% confidence), based on comparable companies in the sector.
What is Varo's valuation?
StartupHub estimates Varo's effective valuation at $2.4B (range $1.7B to $3.1B, 42% confidence), based on comparable companies in the sector.
Where is Varo headquartered?
Varo is headquartered in Salt Lake City, United States.
When was Varo founded?
Varo was founded in 2015.
What industry does Varo operate in?
Varo operates in Fintech, Neobank, Digital Banking, Consumer Lending, Savings Accounts, Checking Accounts.
How many employees does Varo have?
Varo has approximately 431 people on record.
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