Green Dot Adds Stripe as Green Dot Network Partner
Powered by Green Dot’s embedded finance platform, Arc, Stripe Treasury will allow users to quickly and conveniently add cash to their accounts at more than 90,000 network locations nationwide
“We’re thrilled to partner with Stripe to embed more flexible, accessible financial services into its already expansive capabilities for today’s business owners,� said Renata Caine, general manager and senior vice president of embedded finance at Green Dot. “This collaboration reflects our shared vision of enabling seamless, inclusive financial experiences using modern infrastructure, and we look forward to helping Stripe deliver more value to its users for years to come.�
The cash economy remains strong, particularly among low-to-moderate income (LMI) households and older adults. Consumers age 55 and older use cash for
Stripe is a technology company that builds economic infrastructure for the internet. Businesses of all sizes � from startups to public companies � use its software to accept payments and manage their businesses online, processing more than
For more than 25 years, Green Dot has expanded access to modern banking and payment tools for consumers and businesses. Powered by Arc, the Green Dot Network � which includes more than 90,000 retail locations nationwide � offers cash-in and cash-out capabilities at stores such as Walmart, Walgreens, CVS and others. As traditional banks continue to close brick-and-mortar locations across the
About Arc by Green Dot
Arc is the embedded finance platform of services featuring all of Green Dot’s secure banking and money processing capabilities designed to fuel value, loyalty and growth for consumers and businesses. Arc by Green Dot powers some of the world’s most trusted brands and thousands of other businesses with seamless, secure and useful financial tools and experiences.
Integrated with Green Dot Bank, Arc provides partners with leading FDIC-insured banking products and tools, plus regulatory and compliance expertise, oversight and support. The Arc platform is cloud-based, modular and scalable by design � configurable to meet a wide range of business needs and goals, and flexible to adapt as our partners grow. Arc’s end-to-end banking services are powered by enterprise-grade APIs and offer partners access to comprehensive customer support, fraud protection, the largest retail deposit and ATM network in the
About Green Dot
Green Dot Corporation (NYSE: GDOT) is a financial technology platform and registered bank holding company that builds banking and payment solutions to create value, retain and reward customers, and accelerate growth for businesses of all sizes. For more than two decades, Green Dot has delivered financial tools and services that address the most pressing financial needs of consumers and businesses, and that transform the way people and businesses manage and move money.
Green Dot delivers a broad spectrum of financial products to consumers and businesses through its portfolio of brands, including: GO2bank, a leading digital and mobile bank account offering simple, secure and useful banking for Americans living paycheck to paycheck; the Green Dot Network (“GDN�) of more than 90,000 retail distribution and cash access locations nationwide; Arc by Green Dot, the single-source embedded finance platform combining all of Green Dot’s secure banking and money processing capabilities to power businesses at all stages of growth; rapid! wage and disbursements solutions, providing pay card and earned wage access services to more than 7,000 businesses and their employees; and Santa Barbara Tax Products Group, the company’s tax division, which processes more than 14 million tax refunds annually.
Founded in 1999, Green Dot has managed more than 80 million accounts to date both directly and through its partners. Green Dot Bank4 is a subsidiary of Green Dot Corporation and member of the FDIC. For more information about Green Dot’s products and services, please visit .
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4 Green Dot Bank also operates under the following registered trade names: GO2bank, GoBank and Bonneville Bank. All of these registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage up to the allowable limits. |
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Media Contact:
Whit Chapman
Director, Communications, Green Dot
[email protected]
Source: Green Dot Corporation