White Papers and Reports

Temenos Changemakers: Varo Bank is Celent’s Model Bank of the Year

Varo Bank is re-imagining personal banking. Launched in 2018, Varo became the first consumer fintech granted a national bank charter in the US. Its mission is to improve the financial lives of its customers with a unique range of high-yield savings accounts, spend tracking and cashflow. Varo provides innovative digital banking services to 180 million Americans currently underserved by the traditional system. In 2021, Celent named Varo its ‘Model Bank of the Year’. As Varo has demonstrated, Temenos’ cloud-native technology helps challenger banks create hyper-efficient cost models and get to market faster. With Temenos’ technology, challenger banks benefit from agility and can grow profitably.

Download Celent’s case study to learn more about Varo’s journey from fintech to Model Bank of the Year!