Varo Bank N.A. — H-1B Visa Sponsorship

Varo Bank N.A. H-1B Sponsorship Analysis

Grade: C→ stable low risk
Data updated: 2026-04-02
5
Total H-1B Filings
100%
Approval Rate
$179k
Average Salary
$185k
Median Salary
$143k
Min Salary
$205k
Max Salary
C
Sponsor Grade (70/100)

Varo Bank N.A. H-1B Visa Sponsorship Summary

Varo Bank N.A. H-1B Visa Sponsorship Summary
MetricValue
Total H-1B Petitions5
Approval Rate100%
Average Salary$179,238
Salary Range$143,270 - $204,750
Top Job TitleStaff Software Engineer
Primary LocationCalifornia

Browse by Fiscal Year

About Varo Bank N.A.'s H-1B Sponsorship

Varo Bank N.A. has filed 5 H-1B visa petitions with a 100.0% approval rate. Varo Bank N.A. shows a consistent, albeit small, pattern of H-1B sponsorship, primarily for technical roles. The bank has sponsored a diverse range of positions, including engineering, data analysis, and management. Sponsorships are spread across multiple states, indicating a distributed workforce or multiple office locations.

Key Insights

  • The majority of job titles sponsored are in engineering and data-related fields.
  • There is a notable presence of 'Staff' level positions, suggesting sponsorship for experienced professionals.
  • The data includes sponsorships for FY2023, FY2024, and FY2025, indicating ongoing hiring needs.
  • The highest salary offered is for a 'Senior DevOps Engineer' at $204,750.
  • The lowest salary offered is for a 'Credit Risk Manager' at $143,270.
  • The number of petitions (5) is relatively low, suggesting a targeted approach to H-1B sponsorship.
  • California is the most frequent state for sponsorship (2 petitions).

Expert Analysis

Peer Comparison: Varo Bank N.A. sponsors H-1B visas at a lower rate than many larger financial institutions, focusing on specialized technical roles.

Negotiation Tip: Given the limited number of sponsorships, focus on demonstrating highly specialized skills that align directly with Varo Bank's identified needs in data and engineering.

Similar Employers

Filing Statistics

Total Filings5
Certified5
Approval Rate100%
Average Salary$179,238
Median Salary$185,000
Salary Range$143,270 – $204,750
10th Percentile Salary$143,270
25th Percentile Salary$172,620
75th Percentile Salary$190,550
90th Percentile Salary$204,750
Sponsor GradeC — Score: 70/100 (medium confidence)

Salary Distribution

10th Percentile$146,000
25th Percentile$172,620
Median (50th)$185,000
75th Percentile$200,000
90th Percentile$240,000
Average$189,725
Sample Size49

Prevailing Wage Comparison

19.4%
Avg Premium Over Prevailing Wage
96%
Filings Above Prevailing Wage
49
Filings with Wage Data

Processing Time

7 days
Average Processing
7 days
Median Processing
1–10 days
Range

Workforce Insights

18%
New Hire Rate
28%
Continued Employment Rate
30%
Cross-State Placement Rate

Filing Trend by Year

YearFilingsAvg Salary
FY20231N/A
FY20241N/A
FY20253N/A

Top Job Titles at Varo Bank N.A.

Job TitleFilings
Staff Software Engineer1
Senior DevOps Engineer1
Credit Risk Manager1
Director of Product, Data1
Staff Data Analyst, Lending1

Work Locations

StateFilings
California2
Utah1
Washington1
Texas1

Visa Classes

H-1B (5)

Frequently Asked Questions about Varo Bank N.A.

Does Varo Bank N.A. sponsor H-1B visas?

Yes, Varo Bank N.A. actively sponsors H-1B visas. They have filed 5 H-1B petitions with a 100.0% approval rate.

What is the average H-1B salary at Varo Bank N.A.?

The average H-1B salary at Varo Bank N.A. is $179,238, with a median of $185,000. Salaries range from $143,270 to $204,750 across 5 filings.

What is Varo Bank N.A.'s H-1B approval rate?

Varo Bank N.A.'s H-1B approval rate is 100.0%. Out of 5 total filings, 5 were certified, 0 denied, and 0 withdrawn.

How many H-1B visas does Varo Bank N.A. file per year?

Varo Bank N.A. has filed H-1B petitions across 3 fiscal years. Recent volumes: FY2023: 1, FY2024: 1, FY2025: 3.

What jobs does Varo Bank N.A. sponsor H-1B visas for?

The most common H-1B job titles at Varo Bank N.A. are: Staff Software Engineer, Senior DevOps Engineer, Credit Risk Manager, Director of Product, Data, Staff Data Analyst, Lending. The top role, Staff Software Engineer, accounts for 1 filings.

Where are Varo Bank N.A.'s H-1B jobs located?

Varo Bank N.A.'s H-1B positions are primarily located in California (2 filings), Utah (1 filings), Washington (1 filings).

Is Varo Bank N.A. increasing or decreasing H-1B hiring?

Varo Bank N.A.'s H-1B filing volume went from 1 in FY2024 to 3 in FY2025, a +200% change.

What is Varo Bank N.A.'s H-1B denial rate?

Varo Bank N.A. has a 0.0% denial rate across 5 filings (0 denied). They have zero denials on record.

What is the salary range for H-1B positions at Varo Bank N.A.?

H-1B salaries at Varo Bank N.A. range from $143,270 to $204,750. The 25th percentile is $172,620, median is $185,000, and 75th percentile is $190,550.

Is Varo Bank N.A. a good H-1B sponsor?

Varo Bank N.A. has a 100.0% approval rate with 5 filings. The majority of job titles sponsored are in engineering and data-related fields.

How does Varo Bank N.A.'s H-1B salary compare to market?

Varo Bank N.A. pays an average of $179,238 for H-1B positions. There is a notable presence of 'Staff' level positions, suggesting sponsorship for experienced professionals.

How does Varo Bank N.A. compare to JPMorgan Chase & Co. for H-1B?

Varo Bank N.A. sponsors H-1B visas at a lower rate than many larger financial institutions, focusing on specialized technical roles.

What should I negotiate for an H-1B position at Varo Bank N.A.?

Given the limited number of sponsorships, focus on demonstrating highly specialized skills that align directly with Varo Bank's identified needs in data and engineering.

What should H-1B candidates know about Varo Bank N.A.?

The data includes sponsorships for FY2023, FY2024, and FY2025, indicating ongoing hiring needs.

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