What Does Varo Bank Do?

Total employees506
HeadquartersSan Francisco
Founded2015

Varo Bank is America's first all-digital, nationally chartered bank, founded in 2015 and launched in 2017, receiving its national bank charter in July 2020. Varo is on a mission to redefine banking and help Americans improve their financial lives. It offers a full suite of premium banking services, including Varo Bank Accounts (checking), high-yield Varo Savings Accounts, early direct deposit with Varo Advance, and Zelle® for person-to-person payments, all accessible through a user-friendly mobile app. Varo focuses on providing accessible, affordable, and innovative banking solutions without many of the traditional fees, catering especially to those underserved by conventional banking institutions.

Where Is Varo Bank's Headquarters?

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

HQ Function

The San Francisco headquarters serves as the primary hub for executive leadership, corporate strategy, product development, technology innovation, marketing, and core business operations.

Notable Features:

Located in a modern office building within San Francisco's bustling Financial District, the headquarters is designed to foster collaboration and innovation, with open workspaces and proximity to other tech and financial firms.

Work Culture:

Varo Bank fosters a mission-driven, innovative, and fast-paced work culture. It emphasizes collaboration, customer-centricity, and leveraging technology to build better financial products. The culture blends the agility of a tech company with the diligence required of a nationally chartered bank.

HQ Significance:

The San Francisco location strategically positions Varo Bank at the intersection of technology and finance, enabling access to top talent, venture capital, and a vibrant ecosystem for fintech innovation.

Values Reflected in HQ: The headquarters in a forward-thinking city like San Francisco reflects Varo's commitment to innovation, technology, and disrupting traditional banking. The workspace design likely emphasizes transparency and teamwork, aligning with Varo's customer-focused values.

Location:

Varo Bank's operations and services are currently focused exclusively within the United States. As a U.S. nationally chartered bank, its products are designed for and available to U.S. residents. While its technology and customer support teams serve customers across the nation, Varo Bank does not have international offices or provide services outside the U.S. at this time.

Street Address:

115 Sansome Street, Suite 700

City:

San Francisco

State/Province:

CA

Country:

USA

Where Else Does Varo Bank Operate Around the World?

Draper, Utah, USA

Address: 121 W Election Rd, Draper, UT 84020 (FDIC listed Main Office)

The Salt Lake City metropolitan area, including Draper, offers a strong talent pool for operational and customer support roles and is a growing hub for financial services companies. This location supports Varo's nationwide operations efficiently.

Buying Intent Signals for Varo Bank

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 Bank? Meet the Executive Team

As of April 2025, Varo Bank' leadership includes:

Colin Walsh - Founder and Chief Executive Officer
Alex Woo - Chief Financial Officer
Tej Kamat - Chief Product Officer
Mark F. KVT - Chief Technology Officer
Deep Varma - Chief Risk Officer
Carolyn Feinstein - Chief Marketing, Growth & Design Officer
Shishir Singhania - Chief Lending Officer
Amy Ferris - Chief People Officer
Scott Gizer - General Counsel & Corporate Secretary
Rory Conway - Chief Compliance Officer & BSA Officer

Who's Investing in Varo Bank?

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

Warburg Pincus
The Rise Fund (TPG)
Gallatin Point Capital
HarbourVest Partners
Lone Pine Capital
Eldridge
Declaration Partners
BRV Capital Management
Propel Venture Partners
BlackRock

What Leadership Changes Has Varo Bank Seen Recently?

Hire4
Exits1

Over the past 12 months, Varo Bank has strengthened its leadership team with key appointments including a new Chief Risk Officer, Chief Technology Officer, Chief Financial Officer, and Chief Product Officer, signaling a focus on risk management, technological advancement, financial strategy, and product innovation. There was one notable executive departure during this period.

Departures

Agustin Sasso, Agustin Sasso departed from his role as Chief Data Officer.

New Appointments:

Deep Varma, Deep Varma appointed as new Chief Risk Officer.
Mark F. KVT, Mark F. KVT appointed as new Chief Technology Officer.
Alex Woo, Alex Woo appointed as new Chief Financial Officer.
Tej Kamat, Tej Kamat appointed as new Chief Product Officer.

What Technology (Tech Stack) Is Used byVaro Bank?

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

Varo Bank Email Formats and Examples

Varo Bank most commonly uses the firstname.lastname@varobank.com email format for its employees. While other formats might exist in isolated cases, this is the standard pattern observed for professional communications.

firstname.lastname@varobank.com

Format

jane.doe@varobank.com

Example

80%

Success rate

What's the Latest News About Varo Bank?

PR Newswire • April 9, 2024

Varo Bank Appoints Tej Kamat as Chief Product Officer

Varo Bank announced the appointment of Tej Kamat as its new Chief Product Officer. Kamat will lead Varo's product strategy, focusing on innovation and enhancing the customer experience for its all-digital banking platform....more

Varo Bank Press Room • February 28, 2024

Varo Bank Recognized by Forbes Advisor as 'Best Checking Account' and 'Best Online Bank' for Fourth Consecutive Year

Varo Bank was recognized by Forbes Advisor as 'Best Checking Account' and 'Best Online Bank' for the fourth year in a row, underscoring its leadership in providing fee-free, accessible, and high-quality digital banking services....more

PR Newswire • February 13, 2024

Varo Bank Appoints Alex Woo as Chief Financial Officer

Varo Bank named Alex Woo as its new Chief Financial Officer. Woo brings extensive experience in finance and technology to guide Varo's financial strategy and support its continued growth as a leading digital bank....more

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