Varo Bank
H-1B salaries and sponsorship, from 22 certified filings (FY2025–FY2026)
- Depository Credit Intermediation
- Main U.S. filing address: San Francisco, CA
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Percentiles from Varo Bank's certified H-1B filings, base salary only. Jobs with at least 10 filings.
Pay by level
Entry-level · 0% of filings
Mid-level · 0% of filings
Senior · 33% of filings
Expert · 67% of filings
Show the table
By experience level
| Wage level | Median | Filings |
|---|---|---|
| Entry-level · Level I | – | 0 |
| Mid-level · Level II | – | 0 |
| Senior · Level III | too few | 7 |
| Expert · Level IV | $197,417 | 14 |
Median shown when a level has at least 10 filings.
Where Varo Bank files
Median base salary in each metro area. Rent: HUD Fair Market Rent, FY2027.
Show all 1 metro areas
| Metro area | Median | Filings |
|---|---|---|
| San Francisco, CA | $203,000 | 14 |
Salary details
Salary range
| Percentile | Salary |
|---|---|
| 10th | $160,755 |
| 25th | $180,000 |
| 50th (median) | $196,417 |
| 75th | $209,000 |
| 90th | $220,000 |
Salary by year
Median salary
Filings per year
Show as table
| Fiscal year | Median | P25 | P75 | Filings |
|---|---|---|---|---|
| FY2020 | – | – | – | 0 |
| FY2021 | $159,702 | $120,931 | $181,393 | 12 |
| FY2022 | $185,000 | $160,000 | $205,000 | 31 |
| FY2023 | $175,000 | $166,451 | $187,625 | 18 |
| FY2024 | $193,200 | $180,000 | $200,000 | 21 |
| FY2025 | $197,847 | $178,155 | $220,000 | 12 |
| FY2026 | $196,417 | $183,500 | $204,500 | 10 |
Pay vs. prevailing wage
Filing at exactly the prevailing wage does not mean low pay: at senior levels and in high-cost areas the prevailing wage itself is high.
About Varo Bank
Varo Bank's filings list its industry as Depository Credit Intermediation (Finance and Insurance sector, NAICS 5221). Its main U.S. filing address is in San Francisco, CA and its filings in the data run from FY2021 to FY2026 Q3. In the latest two fiscal years, the most filed jobs are Software Engineer, IT Manager and Systems Engineer / Architect and the main metro areas are San Francisco, CA, Austin, TX and Dallas, TX. The most common wage level in those years is Level IV (expert).
Questions
Does Varo Bank sponsor H-1B visas?
Yes. Varo Bank filed 22 certified H-1B Labor Condition Applications in FY2025–FY2026, the latest two fiscal years. The most recent filing in the data is from FY2026 Q3. A certified LCA is a step before the H-1B petition; it is not a visa approval.
How much does Varo Bank pay H-1B workers?
The median base salary on Varo Bank's H-1B filings is $196,417; half of filings fall between $180,000 and $209,000. Bonus and stock are not included.