Colin Walsh is the founder and CEO of Varo Bank, the first consumer fintech to be granted a bank charter in US history. With over 25 years of experience in consumer banking, he has led Varo to become a pioneering institution focused on financial inclusion and modern banking solutions.
Who is the CEO of Varo Bank?
With over 25 years of experience in consumer banking, Colin Walsh has held significant roles at major financial institutions, including American Express and Lloyds Banking Group. As the founder and CEO of Varo Bank, he has been instrumental in establishing it as the first consumer fintech to receive a bank charter in the US. His leadership is marked by a commitment to financial inclusion, aiming to make banking services accessible and affordable for all.
Under his guidance, Varo has introduced innovative products like Varo Believe and Varo Advance, and has been recognized for its rapid growth and innovation in the financial sector.
Work History
Colin Walsh's extensive career in the financial sector includes a variety of significant roles at major institutions. Here is a detailed list of his work history:
- Varo Money Inc. - Founder and CEO (2015 to Present)
- Friends of the British Film Institute - Member Board of Directors (2014 to Present)
- American Express - EVP, Proprietary Card Services Europe (2011 to 2014)
- American Express - CEO/Managing Director, UK and International Currency Card (2011 to 2014)
- Lloyds Banking Group - Managing Director (2006 to 2011)
- Council of Mortgage Lenders - Former Chairman (2011)
- Executive Networks - Member Board of Directors (2004 to 2011)
- Visa Europe - Member Board of Directors (2007 to 2009)
- Wells Fargo - EVP (1997 to 2006)
Education History
Colin Walsh's educational background includes his time at Cornell University, where he laid the foundation for his extensive career in the financial sector. Although specific details about his degree or field of study are not provided, his education at this prestigious institution has undoubtedly contributed to his expertise and leadership skills, which have been instrumental in his professional achievements.
When did Colin Walsh join Varo Bank?
Colin Walsh founded Varo Bank on October 1, 2015, and has been serving as its CEO since its inception. This means he has been at the helm of Varo Bank for over eight years. His leadership has been pivotal in establishing Varo as a pioneering institution in the fintech space, particularly noted for being the first consumer fintech to be granted a bank charter in US history. Varo has introduced several innovative programs aimed at financial inclusion and has received numerous accolades for its rapid growth and innovation in the financial sector.