Payments News


Varo Bank Is Here — America’s First Digital Consumer Bank

“On February 10th, 2020, I posted an article announcing Varo’s FDIC approval. It was a historic moment for the banking industry at the time. Today, I announce the official opening of Varo Bank. In the few months between these posts, a series of crises have challenged the very foundation of our society — Covid-19, soaring unemployment, and widespread calls for social justice — making a new national bank, committed to improving financial health and inclusion, more culturally relevant than ever before.”