Varo Bank

October was Breast Cancer Awareness Month, and Varo’s Women@Varo and Unity ERGs joined forces to promote awareness. They encouraged Varo employees nationwide to take part in the 'More Than Pink Walk' with Susan G. Komen and the American Cancer Society. Employees came together across various cities, including Charlotte, Salt Lake City, San Francisco, and Seattle, walking alongside friends and family to highlight the significance of breast cancer awareness. Through their participation, Varo employees also raised funds to support these vital organizations. Together, we’re proud to make a positive impact in our communities and contribute to the ongoing fight against breast cancer. Thank you to all the Varo employees who participated in this year's walks! ?? #BreastCancerAwareness #EmployeeEngagement #CommunityImpact

We believe that resilience and innovation are our greatest assets, especially during unprecedented times in the fintech industry. In a recent panel discussion at TechCrunch Disrupt, our Founder & CEO Colin Walsh addressed how we’re not just surviving, but thriving, even amid a tough macroeconomic environment and increased competition. Colin shared insights on our disciplined growth approach, the advantages of our bank charter, and how our commitment to innovation enables us to serve our millions of customers effectively. Curious to dive deeper into our strategies and vision for the future of digital banking? ?? Watch the full discussion via the link: #VaroBank #Innovation #Fintech #DigitalBanking #TCDisrupt2024 #FutureOfFinance

American Banker has just named Varo as one of the top 20 banks with the highest reputation among customers. This is a huge testament to our team’s hard work to provide an exceptional banking experience for our customers. ??

Our CEO Colin Walsh was just featured on Alejandro Cremades' podcast, DealMakers, and it's an episode you won't want to miss! In the rapidly evolving landscape of fintech, few stories stand out as vividly as Colin's. He has had remarkable accomplishments, including raising over $1B and leading a company with a team dispersed worldwide. Colin has had an incredible career that spans decades and continents. In this exclusive interview, he talks about reaching the corporate heights of giants like GE and American Express to becoming the CEO of a groundbreaking digital bank. Colin also shares his experiences transitioning from leading a team of 15,000 people to burning the midnight oil while building, scaling, and raising funding for Varo. His story is a testament to resilience, innovation, and a deep commitment to financial inclusivity. #VaroBank #ABankForAllOfUs #Innovators #ThoughtLeadership

?? Exciting news! Tim Hopper, our Senior Staff Software Engineer on the Machine Learning team, will be sharing his expertise at #fintechdevcon this year in a session titled "How to use streaming machine learning for real-time data." Tim's session will demonstrate how Varo uses its streaming machine learning feature platform to deliver real-time data and solutions, aiding our customers in their financial progress. At Varo, we are dedicated to integrating data and machine learning throughout our products and consumer experiences. His talk will spotlight the innovative methods we employ to address these challenges and enhance our services. We’re incredibly proud to have Tim representing us at this must-attend conference for developers and engineers. His insights will undoubtedly be invaluable for anyone involved in fintech. Get your tickets to Fintech Devcon here: https://lnkd.in/gyaG-PmQ #VaroBank #FintechDevcon #MachineLearning #RealTimeData #FinancialTechnology #Innovation

?? Celebrating 4 Years as a Techbank! ???? Today marks a special milestone for Varo - the 4th anniversary of becoming the first consumer fintech in U.S. history to obtain a national bank charter. In these four years, we've: ? Pioneered the techbank model, combining innovative tech with regulated banking ? Expanded our services to offer higher savings rates, diverse lending options, and direct payment networks ? Ensured FDIC insurance for all our customers' deposits ? Launched game-changing products like Varo to Anyone, Smart Ledger, and Varo Line of Credit As the fintech landscape evolves, our charter is more crucial than ever. It allows us to control our regulatory destiny and innovate rapidly to meet our customers' needs. We're proud to lead the way in creating financial inclusion and opportunity for all. Here's to many more years of breaking barriers and redefining banking! #VaroBank #Techbank #FinancialInclusion #BankingInnovation #FinTech

We did it again! ?? Varo has landed a spot on CNBC’s The World’s Top Fintech Companies 2024—for the second year in a row! Being listed is a testament to our relentless commitment to transforming banking for everyday Americans. As our CEO, Colin Walsh, puts it: “Our inclusion in CNBC's list underscores Varo’s dedication to providing secure, innovative banking solutions. As the first tech bank with a national charter, we blend rigorous regulatory standards with cutting-edge technology to give our customers peace of mind and innovative tools for managing their money.” From expanding Varo Advance limits to $500, to rolling out features like free tax filing via Column Tax and Smart Ledger spending insights—all integrated within the Varo Bank app—we’re not just keeping up, we’re setting the bar for what a modern bank should be. Here’s to our incredible team and amazing customers who make achievements like these possible! ?? To learn more about our next-level banking, watch our latest product video showcasing all the innovative Varo products in one place: https://lnkd.in/gvUmUDGu #VaroBank #Fintech #Innovation #BankingRevolution #CNBCTopFintech

We are thrilled to announce that our Chief Product Officer, Wook Chung, has been recognized as a top product leader by the prestigious annual CPO Awards, hosted by Products That Count, Capgemini, and Mighty Capital. Wook's visionary leadership has been instrumental in the Varo product team's remarkable achievements, including groundbreaking features like the Varo Line of Credit, an unsecured line of credit up to $2,000. This product is critical for our customers when they need a financial cushion for life's unexpected events, helping them feel more in control of their finances. Find out more about this exciting award at https://lnkd.in/eFZBfFSt #2024cpoawards #CPO #VaroBank #financialinclusion #banking #abankforallofus

In collaboration with Morning Consult, our latest Wealth Watch Insights report sheds light on the impact of inflation on financially conscious consumers, revealing significant financial challenges amidst rising costs. Survey data has uncovered the following key points: ? 89% of respondents are turning to credit cards for daily expenses due to inflation-induced strain. ? Women are struggling more with bill payments, as 58% report challenges compared to 49% of men. ? Gen Z is increasingly relying on credit cards, signaling financial burdens among the younger generation. Our CEO, Colin Walsh, emphasizes the crucial need for empowering financial products and services to help individuals navigate these economic challenges effectively. Walsh stresses the importance of understanding spending habits, credit, and leveraging high-interest savings. Explore the full report for comprehensive insights below: #Inflation #Credit #GenZ #FinTechNews #FinancialInsights

?? Exciting News! ?? We’re thrilled to unveil our latest offerings designed to ease financial burdens and empower Americans to take control of their finances. Introducing Varo Line of Credit, currently on a waitlist, and Smart Bank Account features! Varo Line of Credit will provide customers with the ability to borrow between $600 and $2,000 for unexpected expenses, along with transparent pricing and no hidden fees. Also recently launched, our Smart Bank Account features offer real-time spending insights, empowering users to track and manage their finances effortlessly. Together, these innovative additions underscore our commitment to helping Americans alleviate financial stress and improve their financial well-being. Stay tuned for more updates coming in Q2 2024! For more information, read the full press release here. #VaroBank #FintechNews #SmartBanking #VaroLineofCredit