Varo Bank Revenue and Competitors
Estimated Revenue & Valuation
- Varo Bank's estimated annual revenue is currently $96.6M per year.
- Varo Bank's estimated revenue per employee is $165,100
- Varo Bank's total funding is $992.4M.
- Varo Bank's current valuation is $2.5B.
Employee Data
- Varo Bank has 585 Employees.
- Varo Bank grew their employee count by -18% last year.
Varo Bank's People
| Name | Title | Email/Phone |
|---|---|---|
1 | CEO | Reveal Email/Phone |
2 | Founder and CEO | Reveal Email/Phone |
3 | Chief Data Officer | Reveal Email/Phone |
4 | COO | Reveal Email/Phone |
5 | Chief Lending Officer | Reveal Email/Phone |
6 | Chief Financial Officer | Reveal Email/Phone |
7 | Chief Product Officer | Reveal Email/Phone |
8 | Chief Risk Officer | Reveal Email/Phone |
9 | Chief Staff | Reveal Email/Phone |
10 | Chief Design Officer | Reveal Email/Phone |
Varo Bank Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $324.2M | 1744 | 0% | $2.3B | $25B |
#2 | $11.4M | 76 | -22% | N/A | N/A |
#3 | $867.9M | 4884 | 2% | $3B | $10.6B |
#4 | $5M | 43 | -2% | N/A | N/A |
What Is Varo Bank?
As the first fintech in the country to become a nationally chartered bank, Varo is on a mission to empower people to achieve financial resilience. 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 $419M to date, from leading institutional investors and strategic partners including Warburg Pincus, The Rise Fund / TPG Growth, Gallatin Point Capital, Harbourvest Partners, and Progressive Insurance.
keywords:Service Industries, Apps, Banking, Finance Technology, Consumer, Fin Tech
$992.4M
Total Funding
585
Number of Employees
$96.6M
Revenue (est)
-18%
Employee Growth %
$2.5B
Valuation
N/A
Accelerator
Varo Bank News
Russell Westbrook shares financial inclusion and wealth building tips to students at Varo Bank's Money Power event in L.A....
We are both the bank and the technology provider. ... Varo in 2020 became the first consumer fintech to be granted a national bank charter.
Various banks such as Varo Bank and Chime also offer perks like access to your direct deposit up to two days earlier than many...
Other Companies in San Francisco
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $120.7M | 585 | -13% | N/A |
#2 | $104.4M | 587 | -2% | $411.8M |
#3 | $178.3M | 587 | -4% | N/A |
#4 | $198.5M | 588 | 6% | N/A |
#5 | $105M | 590 | 19% | $159M |