Varo Bank
2024 Revenue
$167.6M(Est.)
Funding
$0
Team
511
Founded
2015
Varo Bank Revenue (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 | Source |
|---|---|---|
| 2024 | Varo Bank Hit $167.6m revenue in June 2024 | Estimated |
| 2015 | Launched with $0 revenue |
Varo Bank Valuation, Funding Rounds
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 | Source |
|---|
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.
Varo Bank Employees & Team Size
Varo Bank employs approximately 511 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 511 employees (November 2024) |
Frequently Asked Questions about Varo Bank
What is Varo Bank's revenue?
Varo Bank generates an estimated $167.6M in annual 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 is bootstrapped and has not raised outside funding.
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.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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