FAIRNESS

British banks charge you £35 for going overdrawn by £1. Then they charge you interest on the overdraft fee. It's predatory and everyone knows it. We just said: we won't do that.

Immigrants send $700 billion home every year. They shouldn't pay 8% in fees for the privilege.

Your phone already knows how you drive. We just use that data to give you a fair price.

Traditional insurers price on who you are. We price on how you drive. One of those is fair.

Good drivers subsidize bad drivers because insurance is priced on demographics, not behavior. We fix that.

I was a bond trader on Wall Street. I saw how the financial system extracts fees from people who can't afford them.

A $3 coffee shouldn't cost $37. That's what happens when your bank charges a $34 overdraft fee.

I spent 25 years in traditional banking. I saw how banks profited from punishing low-income customers. I started Varo to fix it.

Overdraft fees cost Americans $35 billion annually. That's a tax on being poor. Varo charges zero.

Overdraft fees are a regressive tax. Current eliminates them. That alone is worth building a company for.

Every dollar of commission that an agent charges a seller is a dollar that doesn't go into their home equity.

Why does it cost $10 to trade a stock when the actual cost is a fraction of a penny? That question started Robinhood.

A discount brokerage is not a lesser brokerage. It is an honest brokerage.