Colin Walsh is the brainchild behind Varo and its mission to revolutionize banking. Colin and his team founded Varo to create a better way of banking that empowers consumers to be more in control of their financial lives. He believes too many people are not well served by the big banks, which have created a significant opportunity for innovators. Varo is building a seamless retail banking solution that addresses big pain points for the ~20 million millennial Americans (ages 22-36) who are creditworthy yet still manage their money on a month-to-month basis. These Americans are often one unexpected event away from running into financial trouble, which can prevent them from building savings and investing their money around longer-term goals. Varo has designed a product that allows its customers to see their full financial picture, understand how they’re spending, and access lending and savings products to smooth cash flow and build wealth over time. Varo’s frictionless, mobile-first banking solution does not charge overdraft fees or punitive interest rates, thereby eliminating the harmful fees traditional banks rely on to make money from this large segment of consumers. As proven in other industries, innovators who introduce products people love at lower cost often create massive disruption. We believe the time for such a change in retail banking has arrived. Understanding banking and how people manage their money is a vital part of developing such a new mobile banking platform. Walsh is perfectly positioned to do this with more than 25 years of retail financial services industry experience. His knowledge and expertise is guiding the Varo team to deliver a platform that allows users to effortlessly cover their expenses and build their wealth, so they can get on with their lives.