What Does Varo Do?

Total employees635
HeadquartersSan Francisco
Founded2015

Varo is an all-digital national bank in the United States, notably the first consumer fintech to be granted a national bank charter. It provides a comprehensive suite of banking products, including Varo Bank Accounts (checking), Varo Believe Program for credit building, Varo Savings Accounts with competitive APYs, and personal loans, all accessible through its user-friendly mobile application. Varo is dedicated to improving financial inclusion and well-being by offering affordable, accessible, and innovative banking solutions, typically without the array of fees associated with traditional brick-and-mortar banks. Its core mission revolves around empowering customers to manage their finances effectively and achieve their financial aspirations.

Where Is Varo's Headquarters?

Varo officeVaro officeVaro officeVaro office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for Varo's executive leadership, strategic planning, product development, engineering, marketing, and core operational management for its digital banking services.

Notable Features:

Located in a modern office within the historic Standard Oil Building in San Francisco's financial district, designed to foster a collaborative and tech-focused environment. Specific internal architectural details are not widely publicized.

Work Culture:

Varo cultivates a mission-driven work culture centered on innovation, customer advocacy, and advancing financial inclusion. Employees typically experience a dynamic, fast-paced environment characteristic of a fintech scale-up, with a strong emphasis on collaboration, agility, and using technology to address customer needs.

HQ Significance:

The San Francisco headquarters is pivotal, positioning Varo within a major global hub for technology and venture capital. This facilitates talent acquisition, strategic partnerships, and helps Varo remain at the cutting edge of financial technology innovation. It acts as the command center for its national banking operations.

Values Reflected in HQ: The choice of a modern, collaborative workspace in a significant San Francisco building mirrors Varo's values of innovation, the stability expected of a chartered bank, and its deep connection to the broader tech ecosystem.

Location:

Varo Bank's services are primarily focused on the United States market. As a U.S. nationally chartered bank, its core banking products such as checking accounts, savings accounts, and loan services are designed for and offered to U.S. residents. While its technology and operational teams might leverage global talent or best practices, its customer-facing operations and product suite are currently U.S.-centric.

Street Address:

225 Bush Street, Suite 1700

City:

San Francisco

State/Province:

CA

Country:

USA

Where Else Does Varo Operate Around the World?

Salt Lake City Area, Utah, USA

Address: Specific street address not publicly emphasized; operations are centered in the Salt Lake City metropolitan area.

The Utah location allows Varo to tap into the region's expanding fintech talent pool and offers operational resilience and dedicated support for Varo's nationwide customer base.

Buying Intent Signals for Varo

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Varo? Meet the Executive Team

As of April 2025, Varo' leadership includes:

Colin Walsh - Chief Executive Officer & Founder
Alex Woo - Chief Financial Officer
Allen Shayanfekr - Chief Legal Officer & Corporate Secretary
Sehrish Sayani - Chief Risk Officer
Carolyn Feinstein - Chief Marketing, Growth & Design Officer
Augustus Lim - Chief People Officer
Rory Conway - Chief Product Officer

Who's Investing in Varo?

Varo has been backed by several prominent investors over the years, including:

Warburg Pincus
The Rise Fund (TPG)
Gallatin Point Capital
Valar Ventures
BlackRock
HarbourVest Partners
Ribbit Capital

What Leadership Changes Has Varo Seen Recently?

Hire1
Exits3

Over the past year (June 2023 - May 2024), Varo has seen notable executive transitions, including the appointment of a permanent CFO and departures in key operational and technology leadership roles, indicating ongoing strategic adjustments within the company.

Departures

Deep Varma, Deep Varma departed from his role as Chief Technology Officer.
Pejman Pourmoayed, Pejman Pourmoayed stepped down as Chief Financial Officer.
Karim Temsamani, Karim Temsamani departed his role as Chief Operating Officer.

New Appointments:

Alex Woo, Alex Woo appointed as Interim Chief Financial Officer.
Alex Woo, Alex Woo appointed as permanent Chief Financial Officer after serving as Interim CFO.

What Technology (Tech Stack) Is Used byVaro?

Discover the tools Varo uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Varo Email Formats and Examples

Varo primarily uses the [first].[last]@varomoney.com email format for its employees. Other formats like [first_initial][last]@varomoney.com might exist but are less common. For general customer support inquiries, Varo utilizes dedicated addresses like support@varomoney.com.

[first].[last]@varomoney.com

Format

colin.walsh@varomoney.com

Example

85%

Success rate

What's the Latest News About Varo?

Finextra • May 9, 2024

Varo Bank Appoints Alex Woo as Chief Financial Officer

Varo Bank announced the appointment of Alex Woo as its new Chief Financial Officer. Woo, who had been serving as Interim CFO since January 2024, brings extensive financial leadership experience to Varo as it continues to scale its digital banking services and pursue its mission of improving financial well-being for all....more

Banking Dive • May 20, 2024

Varo Bank COO Karim Temsamani Departs After One Year

Karim Temsamani, Chief Operating Officer at Varo Bank, has left the digital bank approximately one year after his appointment in May 2023. His departure marks another significant change in Varo's executive leadership team as the company navigates the competitive fintech landscape and strives for profitability....more

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