Varo vs Current

traditional vs traditional · from the open dataset of 357 tracked neobanks · no affiliate links, ever

Varo: First US consumer fintech with a national bank charter.

Current: Everyday + teen banking; in-app crypto trading.

Side by side

	Varo	Current
Category	traditional	traditional
Audience	general	general
HQ	San Francisco, US	New York, US
Founded	2015	2015
Custody	Custodial	Custodial
Regulation	Licensed bank	Partner-bank model
Licence detail	National bank charter (2020)	Partner banks (Choice, Cross River)
Card	Visa · Debit	Visa · Debit
Cashback	—	Points
Yield	Up to 5% APY (conditions)	~4% savings pods
Stablecoins	No	No
KYC	Yes	Yes
Regions	North America	North America
Reported users	—	—

go deeperFull profiles: Varo · Current — or run your own comparison of up to four in the directory.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.