By Corey Carlisle, Head of Public Policy at Varo and Chair of the Jump$tart Board
Varo Bank is the first all-digital, nationally chartered U.S. consumer techbank built from the ground up, designed to make financial inclusion and opportunity a reality for all. Varo Bank is reimagining the modern banking experience and providing customers with the tools they need to build financial resilience and realize their financial power – with offerings such as Varo Believe, a secured card to help build credit, Varo Advance to help stretch hard-earned dollars between paychecks, the ability to earn cashback at 1,000 merchant locations nationwide, and a high yield savings account.
Varo believes that financial education is a critical component of financial health and wealth building for students and adults alike. In order to meet the financial education needs of our customers and communities, we built Varo Money Power, our overarching financial empowerment program, which features initiatives ranging from middle school students to adults.