Mission After decades in financial services, our CEO, Colin Walsh, was fed up with the growing disconnect between what customers want: an affordable bank account that helps them solve everyday financial problems, and what traditional banks offer: expensive, complicated products with poor service. Varo exists to fix that.
Our mission is to empower people to achieve financial resilience.
As the first fintech in the country to become a nationally chartered bank, we can offer more products and benefits to improve our customers’ financial lives, like a credit builder card and cash advance. We're making premium banking accessible for everyone, regardless of net worth.
Description 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.
Alkami is a leading provider of cloud-based digital banking solutions. Alkami’s solutions reshape the modern banking landscape by delivering bold and innovative digital capabilities to U.S. banks and credit unions.
Varo Bank has an employee rating of 3.1 out of 5 stars, based on 201 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Varo Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).
To get a job at Varo Bank, browse currently open positions and apply for a job near you. Once you get a positive response, make sure to find out about the interview process at Varo Bank and prepare for tough questions.
Overall, 41% of employees would recommend working at Varo Bank to a friend. This is based on 201 anonymously submitted reviews on Glassdoor.
35% of job seekers rate their interview experience at Varo Bank as positive. Candidates give an average difficulty score of 2.5 out of 5 (where 5 is the highest level of difficulty) for their job interview at Varo Bank.