Company

Varo Bank, N.A.

Varo Bank is a San Francisco-based digital bank offering accounts, savings products and credit-building cards.

About

Founded in 2015 and headquartered in California, US, Varo Bank, N.A. is a digital bank offering a high-yield savings account with APY of up to 5.00% on balances up to USD 5,000, the Varo Believe secured credit card and Varo Advance loans of up to USD 500. CEO Colin Walsh leads the company. In February 2026 it raised USD 94.93 million in Series G funding, co-led by Coliseum Capital Management and Warburg Pincus, as part of a USD 123.9 million round.

8Funding rounds

15Investors

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