What Happened?
, -based Varo Money Appointed John Ferramosca as Head of Business Development
Date of management change: November 15, 2025
, -based Varo Money Appointed John Ferramosca as Head of Business Development
Varo is an entirely new kind of bank. All digital, mission driven, FDIC insured and designed for the way our customers live their lives. We`re working toward our mission with a team that uniquely and strategically combines banking veterans with technology experts. The banking experts provide decades of industry experience, and the tech experts can build a mobile app that offers everyone access to premium banking, including quicker access to your money, high-yield savings, and automatic saving tools. Varo has raised over $992.4m to date, from leading institutional investors and strategic partners including Warburg Pincus, The Rise Fund, Gallatin Point Capital, Harbourvest Partners, Progressive Insurance, Russell Westbrook Enterprises, and Lone Pine Capital. Varo. Varo. A bank for all of us.
John Ferramosca is Head of Business Development at Varo Money. Previously, John held various senior HR leadership roles in the industry.
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