New updates are being added at the bottom of this story…….

Original story (published on July 27, 2023) follows:

Varo Bank is a modern digital banking platform that you can access through a user-friendly mobile app. It offers checking, savings, and personal loan services, and its goal is to make banking easy and inclusive for everyone.

Founded in 2015, Varo is all about simplifying the way you manage your money in today’s digital world.

Varo Bank deposits delayed or transactions missing in history

However, lately, some Varo Bank account holders are experiencing delayed deposits and missing transaction history issues. And if you’re experiencing these problems, rest assured that you are not alone.

Here are some reports for reference:

varo-bank-deposits-delayed
(Source)

@VaroBank WHAT THE ACTUAL FUCK IS WRONG WITH YOUR SYSTWM TODAY. THE FUCK. NO TRANSFERS ARE FUCKING WORKING. #SHITTYFUCKINGBANK (Source)

@VaroBank fix the app! i switched over money from my checkings to my savings and its not showing this NEEDS TO BE FIXED ASAP!! I NEED MY GODDAMN MONEY! (Source)

@VaroBank get your shit fixed… I’m in an emergency situation you dxck holes …transferred cash from savings to checking 76 minutes… What’s this ? A Biden front ? (Source)

One of the major concerns raised by Varo Bank users is the delay in processing their deposits. For some customers, deposits they expected to see in their accounts have not appeared as quickly as they anticipated.

This delay has caused uncertainty and worry for those relying on timely access to their funds. Another issue experienced by Varo Bank users is the absence of certain transactions in their account history.

Despite making purchases or transfers, some customers have noticed that these transactions have not been reflected in their transaction records. As a result, they are unable to track their financial activities accurately.

Unfortunately, the support team hasn’t yet acknowledged this problem. However, we will make sure to update this article as and when we come across anything noteworthy.

Update 1 (August 10, 2023)

10:00 am (IST): Varo bank account holders are also reporting delayed direct deposits (1,2,3,4,5), similar to Chime bank users.

Here’s the official word from Varo support on the matter:

Varo support
Source

Update 2 (August 25, 2023)

05:21 pm (IST): The issue affecting Varo bank deposits has reappeared for some users (1,2,3,4).

Update 3 (August 28, 2023)

10:03 am (IST): The team had identified the issue leading to the delays in direct deposits. So, it should be fixed by now.

Direct Deposit and incoming ACH Deposits are delayed at this time. We’ve identified the issue and expect to have this resolved by 9:30 AM MST on 8/25/2023.
Source

Note: We have more such stories in our dedicated apps section, so be sure to follow them as well.

Featured image – Varo Bank

PiunikaWeb started as purely an investigative tech journalism website with main focus on ‘breaking’ or ‘exclusive’ news. In no time, our stories got picked up by the likes of Forbes, Foxnews, Gizmodo, TechCrunch, Engadget, The Verge, Macrumors, and many others. Want to know more about us? Head here.

Aashish Singh
502 Posts

I developed a keen interest in technology ever since my school days. And writing about it keeps me closer to this fascinating world. When I’m not working you can catch me playing video games.

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