Varo Bank is a financial technology company that operates as a neobank in the United States. Founded in 2015, Varo Bank provides online banking services with a focus on offering a range of digital financial products to help customers manage their money more effectively. The company aims to provide an accessible and user-friendly banking experience through its mobile app. Varo Bank offers features such as fee-free checking and savings accounts, early direct deposit, financial insights, and budgeting tools. One of its key objectives is to cater to individuals who may be underserved by traditional banking institutions. Varo Bank has gained attention for its commitment to eliminating many traditional banking fees and for providing convenient and innovative financial solutions through its digital platform.