How many employees work at Varo Money?
Varo Money, Inc. has approximately 432 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Varo Money’s total headcount has declined 28.6% from 604 employees in 2023 to 432 in 2026.
Is Varo Money hiring right now?
Yes, Varo Money is actively hiring. Varo Money had 29 active job postings in 2026, a 47.4% decline from 2025 — see job openings & hiring trends.
About Varo Money’s Workforce
Varo Money, Inc. is an Information Technology Services company that employs 432 people worldwide as of March 2026. It is the 8th-largest by headcount among its peers. Founded in 2015, the company is headquartered in San Francisco, California.
Varo Money's workforce has declined 28.6% from 2023 to 2026, down 5.8% year over year in 2026. It fell to a low of 432 in 2026 Q1 before recovering. Its workforce is concentrated most in North America (94.2%), followed by Central America and the Caribbean (2.6%) and South Asia (2.6%).
Varo Money's functional groups are Finance and Operations (43.1%), Engineering (40.4%), and Sales and Marketing (16.5%). The average salary is $124,484, ranging from a median of $123,000 in North America to $11,000 in South Asia, down 0.9% year over year in 2026.
Varo Money's active job postings fell 47.4% in 2026 to 29, with new postings per month cooling from 23 in 2023 to 15 in 2026. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
- Headquarters
- San Francisco, California
- Founded
- 2015
- Industry
- Information Technology Services
- Employees
- 432
- YoY
- -5.8% (-86)
As of March 2026
Varo Money workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Varo Money. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsVaro Money Annual Employee Count (2023-2026)
- Varo Money had 432 employees in 2026, a 5.8% decline (-86) from 2025.
- Varo Money had 459 employees in 2025, a 2.6% decline (-74) from 2024.
- Varo Money had 533 employees in 2024, a 1.8% decline (-33) from 2023.
- Varo Money had 566 employees in 2023, a 7.4% decline (-114) from 2022.
Varo Money's total workforce has declined from 604 employees in 2023 to 432 in 2026.
Varo Money, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 432 | -86 | -5.8% |
| 2025 | Q4 | 459 | -74 | -2.6% |
| 2025 | Q3 | 491 | -48 | -0.2% |
| 2025 | Q2 | 506 | -28 | +1.4% |
| 2025 | Q1 | 518 | -28 | -0.4% |
| 2024 | Q4 | 533 | -33 | -1.8% |
| 2024 | Q3 | 539 | -37 | -1.7% |
| 2024 | Q2 | 534 | -70 | -4.7% |
| 2024 | Q1 | 546 | -113 | -8.5% |
| 2023 | Q4 | 566 | -114 | -7.4% |
| 2023 | Q3 | 576 | -122 | -6.7% |
| 2023 | Q2 | 604 | -186 | -10.7% |
See Varo Money's complete headcount history, including quarterly breakdowns.
Get the DataVaro Money Employee Count by Region (2026)
North America accounts for the largest share of Varo Money's global workforce with approximately 94% of total employees, followed by Central America and the Caribbean and South Asia.
Varo Money employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 385 | 94.2% |
| Central America and the Caribbean | 11 | 2.6% |
| South Asia | 11 | 2.6% |
| Central and Western Asia | 1 | 0.3% |
| Northern Europe | 1 | 0.3% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataVaro Money Employee Count by Department (2026)
Varo Money's employee groups are Finance and Operations (43.1%), Engineering (40.4%), and Sales and Marketing (16.5%).
Varo Money employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 185 | 43.1% |
| Engineering | 173 | 40.4% |
| Sales and Marketing | 71 | 16.5% |
Compare Varo Money's department mix to industry peers.
See Full DataVaro Money Employee Salary by Region (2026)
Varo Money's average employee salary is $124,484 globally. Employees in North America receive the highest compensation. Pay is lowest in South Asia, at a median of $11,000.
Varo Money median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $123,000 |
| South Asia | $11,000 |
| Central America and the Caribbean | $11,000 |
Unlock salary by role, level, and city — and compare to Varo Money's industry peers.
Unlock Salary DataVaro Money Job Openings and Hiring Trends (2023-2026)
- Varo Money had 29 active job postings in 2026, a 47.4% decline (-41) from 2025.
- Varo Money had 70 active job postings in 2025, a 97.9% increase (+46) from 2024.
- Varo Money had 24 active job postings in 2024, a 88.4% decline (-38) from 2023.
- Varo Money had 62 active job postings in 2023, a 26.6% decline from 2022.
- Hiring velocity in 2026: 15 new roles/month, down from 35 in 2025 and 32 in 2024.
Varo Money's hiring is slowing: active job postings fell 47.4% in 2026 to 29, with new postings per month cooling from 23 in 2023 to 15 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataVaro Money Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Varo Money's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About Varo Money
- How fast is Varo Money growing?
- In 2026, Varo Money's headcount shrank 5.8% to 432 employees, down from 518 in 2025.
- See the full headcount history
- Where are Varo Money employees located?
- Most Varo Money employees are based in North America (94.2% of headcount), followed by Central America and the Caribbean and South Asia.
- Explore where the workforce is based
- What is the average salary at Varo Money?
- The average employee salary at Varo Money is approximately $124.5k per year.
- Analyze the salary distribution
- How many people does Varo Money hire per year?
- In 2026, Varo Money opened roughly 180 new roles — about 15 per month.
- Track hiring trends by role
- When was Varo Money founded and where is it headquartered?
- Varo Money was founded in 2015 and is headquartered in San Francisco, California.
- Compare Varo Money to industry peers
Speak with a workforce expert about Varo Money.
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