Varo Bank, N.A.
Latest round
- Series G
Last raised
- Feb 2026
Total raised
- $923M
Investors
- 17
About Varo Bank, N.A.
A. is a US-based digital bank that offers a variety of financial services aimed at enhancing consumer banking experiences, focusing on accessibility, affordability, and transparency in personal finance management.A. is a digital bank that provides innovative banking solutions. Colin Walsh serves as the CEO and has been instrumental in shaping the company's customer-centric approach.A.A.00% on balances up to USD 5,000, and the Varo Believe Card, which is a secured credit card designed to help users build their credit scores. Additionally, the Varo Advance program allows customers to borrow up to USD 500 with flat fees based on the loan amount. These products are accessible through a mobile app that facilitates effective financial management for consumers across the United States. Varo Bank generates revenue through various transactional fees, particularly from cash advances and out-of-network ATM withdrawals. The Varo Advance service incurs flat fees that depend on the loan amount, creating a clear revenue structure. Revenues are also derived from cashback programs associated with debit and credit card transactions, enabling a direct-to-consumer interaction model without traditional banking fees.
Who invested in Varo Bank, N.A.
17 investors across 6 rounds
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Questions about Varo Bank, N.A.
Who invested in Varo Bank, N.A.?
Varo Bank, N.A. has 17 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Varo Bank, N.A. raised?
Varo Bank, N.A. has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did Varo Bank, N.A. last raise money?
Varo Bank, N.A.'s most recent round on record is a Series G, in Feb 2026.
What does Varo Bank, N.A. do?
Varo Bank, N.A. is a financial services company.
Where is Varo Bank, N.A. headquartered?
Varo Bank, N.A. is headquartered in San Francisco, US.
Which VCs invest in companies like Varo Bank, N.A.?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Varo Bank, N.A.'s stage. Their profiles are linked below.
VCs backing financial services startups at Series G
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