Varo Bank

USASan FranciscoFintech & InsuranceSeries G

Overview

Where Varo Bank is now

Varo Bank announced a Series G round of $124M on 2 February 2026, led by existing investor Warburg Pincus and new investor Coliseum Capital Management.

Observed Described in the funding announcement as "all-digital nationally chartered bank in the U.S.". Source

Latest round
Series G
Amount
$124M
Announced
2 February 2026
Headquarters
San Francisco, USA
Sector
Fintech & Insurance
Growth stage
Series C+
Investors
existing investor Warburg Pincus and new investor Coliseum Capital Management
Also participating
Not stated
Relevant leadership
CEO Gavin Michael

Momentum Inferred

AfterRaise Score

48
Steady growth
0 funding signals in the last 90 days
Funding recency
9/40
announced within the last year
Round scale
22/25
round size relative to the market
Funding stage
17/20
Series G
Funding cadence
0/15
one funding event tracked this year
Arriving with the signals layer
  • Hiring momentum Open roles and hiring pace
  • Market expansion New offices and new countries
  • Leadership Executive appointments
  • Product activity Launches and releases

Growth timeline

What has happened so far

  • 2 February 2026
    $124M Series G
    Led by existing investor Warburg Pincus and new investor Coliseum Capital Management.

Observed The timeline currently holds funding events, because those are the signals AfterRaise observes today. Hiring, leadership, expansion and product events join it with the signals layer.

Moves

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Opportunities

Work this company has opened

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Open to

Who may approach Varo Bank

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Also moving

Other Fintech & Insurance companies

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