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What is Varo?

Financial resources should be available to all individuals, not just a privileged minority. Varo equips users with essential tools that empower them to improve their financial standing without facing any obstacles. Joining Varo is straightforward, safe, and entirely free of charge. With Varo, you have numerous avenues to take command of your finances. By enabling direct deposit, you can unlock benefits that not only enhance your income but also help you save more and improve your credit rating. This capability extends your financial reach and eases the burden of everyday expenses. Furthermore, direct deposit allows you to access your funds up to two days before the official payday. Varo Advance provides an additional feature that grants you immediate access to cash, allowing withdrawals of up to $100 in urgent situations. Members also gain access to exclusive offers and cashback deals, maximizing the value of every dollar spent. Varo distinguishes itself by offering attractive interest rates on savings. When you set up direct deposit, you can benefit from an impressive Annual Percentage Yield of up to 3.00% on balances that start at just one cent. You have the flexibility to manage your finances more efficiently by determining the portion of your paycheck to direct into your Savings Account, and you can automate your savings by rounding up your purchases to the nearest dollar, which deposits the difference into your Savings Account. This method not only enhances your financial stability but also fosters more conscious spending habits, ultimately leading to a healthier financial future. Plus, with Varo's emphasis on user-friendly services, achieving your financial goals is more attainable than ever.

What is KOHO?

KOHO operates as a comprehensive platform aimed at improving financial management and enhancing lifestyle choices. As a trailblazer in the fintech sector, we strive to equip Canadians with essential financial resources to navigate their fiscal responsibilities. By offering a Mastercard alongside a range of innovative functionalities, we allow users to earn, spend, borrow, build credit, and budget seamlessly within one intuitive app. With a genuine dedication to promoting financial well-being, KOHO has made a significant positive difference in the lives of over 1.7 million people. Our mission is to make finance both accessible and engaging, providing individuals with the tools they need to take control of their financial futures. We place a strong emphasis on security, ensuring deposits are insured up to $100K through CDIC coverage, while also employing stringent protective measures for user accounts. Utilizing advanced 256-bit encryption, we adhere to the same security protocols as leading banks, safeguarding your personal information effectively. We take great pride in creating a product that resonates with our users and remain committed to continuous innovation, adapting to their changing needs and improving their financial experiences. In the ever-evolving landscape of fintech, we aim to stay ahead of the curve, consistently empowering our users with the best resources available to successfully navigate their financial paths while fostering a community of informed individuals.

Media

Media

Integrations Supported

SAP Store

Integrations Supported

SAP Store

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$9 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Varo

Date Founded

2015

Company Location

United States

Company Website

www.varomoney.com

Company Facts

Organization Name

KOHO

Date Founded

2014

Company Location

Canada

Company Website

www.koho.ca

Categories and Features

Business Bank Accounts

Bank Wires
Bill Pay
Billing & Invoicing
Business Credit Cards
Checking Account
Checks
Expense Management
Instant Payouts
No Fee Payments
Rewards
Savings Account
Spend Management

Categories and Features

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