Varo Bank
Valuation
$502.8M
2024 Revenue
$167.6M
Funding
$0
Team
511
Founded
2015
How Varo Bank CEO Colin Walsh grew Varo Bank to $167.6M revenue with a 511 person team in 2024.
Nationally chartered all-digital bank for consumers in the U.S. with a focus on financial inclusion for all customers
Last updated
Varo Bank Revenue
In 2024, Varo Bank's revenue reached $167.6M. Since its launch in 2015, Varo Bank has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Varo Bank Hit $167.6m revenue in June 2024 |
| 2015 | Launched with $0 revenue |
Varo Bank Valuation, Funding Rounds
Varo Bank's most recent disclosed valuation is $502.8M.
Varo Bank is a bootstrapped SaaS startup. Founded in 2015, Varo Bank has grown to $167.6M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, Varo Bank has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Varo Bank Employees & Team Size
Varo Bank employs approximately 511 people as of 2026.
Varo Bank has 511 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 511 employees (November 2024) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Varo Bank yet.
Frequently Asked Questions about Varo Bank
What is Varo Bank's revenue?
Varo Bank generates $167.6M in revenue.
Who founded Varo Bank?
Varo Bank was founded by Colin Walsh.
Who is the CEO of Varo Bank?
The CEO of Varo Bank is Colin Walsh.
How much funding does Varo Bank have?
Varo Bank raised $0.
How many employees does Varo Bank have?
Varo Bank has 511 employees.
Where is Varo Bank headquarters?
Varo Bank is headquartered in San Francisco, California, United States.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .