Varo Bank Makes Inc. Best in Business List Again in 2025

BusinessWireAugust 13, 20254 min

Varo Bank, the first nationally chartered consumer techbank in the U.S., is proud to announce its inclusion on the Inc. 2025 Best in Business list in the Financial Services category. Inc.’s annual Best in Business Awards celebrate the exceptional achievements and contributions of companies that have made a profound impact on their industries and on society at large.

Inc.’s Best in Business list recognizes companies that, through exceptional execution, have achieved significant milestones and core business wins, like customer expansion, key product launches, increased market share, and industry-defining accomplishments. Companies from a wide range of industries such as technology, health care, finance, and retail – have been recognized for their success and their positive influence on the business world. The full list can be found on Inc.com and in the upcoming winter print edition of Inc. magazine.

“It’s an honor to be included on Inc.’s Best in Business list for the fifth year in a row,” said CEO Gavin Michael. “Varo was created for everyday Americans. When more than 60% of households live paycheck to paycheck, and legacy banks charge hundreds in fees for basic banking services, Varo offers a better solution. From no-fee banking services and one of the highest savings APY’s, to expanding credit access through Varo Advance, we are proud to provide the tools Americans need to spend easily, borrow wisely, save more, and build credit. Varo remains focused on delivering comprehensive, innovative and affordable digital banking for all.”

Inc.’s Best in Business Awards are open to companies of all sizes and types, in all industries and locations. Public, private, nonprofit, subsidiary, U.S.-based, and international companies are all encouraged to apply. Inc. editors and reporters hand-review every application and select Best in Business honorees that, in each of the award categories, have had an outstanding influence on their communities, their industries, the environment, or society as a whole.

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