Varo Money

Varo Money

Growth Stage

A bank for all of us

A bank for all of us

Overview

Funding data not publicly available
Platform

OurCrowd

Start Date

07/20/2021

Close Date

08/22/2021

Min. Goal
$10,000
Max. Goal
$1,100,000
Min. Investment

$10,000

Security Type

Equity - Common

SEC Filing Type

RegD 506(c)

Pre-Money Valuation

$2,000,000,000

Year Founded

2015

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Location

San Francisco, California

Varo Money, with a valuation of $2 billion, is raising funds on OurCrowd through Reg D 506(c) raise. The company is developing and delivering an excellent banking experience for the new generation. The banking system of Varo Money works for everyone with no monthly fees, no minimum balances, no overdraft fees, and no credit checks. Varo Money enables users to take control of their money, get more with direct deposit, and get multiple cashback. Colin Walsh founded Varo Money in 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,100,000. The campaign proceeds will be used for growth and expansion.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Varo Money 08/22/2021 OurCrowd $2,000,000,000 - Equity - Common Funded RegD 506(c)
Varo Money 02/15/2021 OurCrowd $1,300,000,000 - Equity - Common Funded RegD 506(c)
Varo Money 06/05/2020 OurCrowd $450,000,000 - Equity - Common Funded RegD 506(c)
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Varo Money on OurCrowd 2021
Platform: OurCrowd
Security Type: Equity - Common
Valuation: $2,000,000,000

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Warning: according to the close date for this deal, Varo Money may no longer be accepting investments.

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