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More money in your pocket with Varo

VARO

Founded: 2015 Headquarters: Salt Lake City, US CEO: Gavin Michael

Varo made banking history in 2020 when it became America’ s first consumer fintech company to get a national bank charter. This was a turning point for digital banking. The San Francisco-based neobank champions financial inclusion and serves millions of customers through its complete range of services, including instant cash advances and high-interest savings accounts. Varo goes beyond traditional banking by offering zero-fee overdraft protection up to US $ 100 and automated savings tools. The bank’ s commitment to serving communities that traditional banks have historically overlooked has helped it gain significant market share.

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