Loving it - Senior Front End Engineer Varo Bank Employee Review

5.0
6 Mar 2019
Recommend
CEO approval
Business outlook

Pros

Great culture, free snacks and drinks, good salary, smart and cool people.

Cons

It's a startup so process is still bring worked out but it's better than most places I've been.

Explore other reviews about Varo Bank

5.0
26 Sept 2025
Recommend
CEO approval
Business outlook

Pros

Generous paid time off Good pay Training was good they didn't throw you in. They would send you things in the mail line crumble cookie, the north face varo jacket, Varo blanket, things like that. Fully Work from home position

Cons

Supervisors would Micromanage. Hard to get help through chat. They fired US ppl and hired ppl in a different country

1.0
9 May 2026
Recommend
CEO approval
Business outlook

Pros

There is not much at this stage. There used to be some good people around.

Cons

The company is clearly struggling, and a lot of the openings you see are not growth hires — they are backfills because people keep leaving. Even when they do backfill roles, they often hire at lower pay while expecting the same workload and responsibilities. If you are looking for a true fintech environment where people move fast, build things, and learn, this is not the place. At its core, this is still a slow traditional bank wrapped in a fintech shell. Everything is buried under layers of risk, compliance, approvals, and bureaucracy. There has been very little career growth internally over the past few years because of the company’s financial situation. Promotions are on exception basis, raises are limited, and most teams are operating under cost pressure. Once you join, do not expect meaningful upward mobility anytime soon (or ever). The equity is also hard to take seriously. The company continues to lose money every quarter, morale is low, and confidence in leadership is weak. Internally, many people already see this as a sinking ship and are trying to leave before things get worse.

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