VARO MONEY INC.
Securing its data and financial assets entirely in the cloud, Varo Bank’ s perimeter is only as secure as our weakest third-party link. Therefore, procurement, contract management and vendor management cannot be a backoffice administrative checkpoint.
“ We are fundamentally the gatekeeper and the first line of defense, which is why everything starts with getting NDAs successfully negotiated and approved at the absolute infancy of any relationship,” explains Riva. She adds:“ Our digital perimeter allows us to operate with extreme efficiency.”
With a centralised repository, Varo can easily search for existing, active NDAs across the organisation, eliminating the time-wasting administrative burden of re-signing an agreement if an active one already exists. Additionally, before initiating a Proof of Concept( POC) or exchanging a single byte of exploratory data, Varo Bank can query the active document directly in the repository using the natural-language AI chatbot in Leah.
“ This gives us immediate validation that we have the exact legal coverage required for the specific types of data to be shared, ensuring our data security guardrails are active and aligned with Varo’ s risk posture before any formal engagement takes place,” says Riva.
“ We reject the old stereotype of procurement acting as a bureaucratic‘ black hole’ where contracts go to slow down,” she adds.
8 July 2026