Latest news with #GreenDot
Finextra
07-08-2025
- Business
- Finextra
Credit Sesame enlists Green Dot for digital banking service
Credit Sesame, one of the first platforms to provide consumers free and ongoing access to their full credit information and profile, is partnering with Green Dot Corporation (NYSE: GDOT) to power and enhance its Sesame Cash smart digital banking service designed to help customers grow their savings. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Leveraging Green Dot's embedded finance platform, Arc, Credit Sesame will offer users access to FDIC-insured demand deposit accounts (DDAs) at launch. Following the recent release of Credit Sesame's newest AI-backed management platform, Sesame, additional new services – such as credit-building tools – will also become available to Sesame Cash users as part of this partnership. "At Credit Sesame, our mission has always been to make financial wellness accessible to everyone by helping consumers grow both their credit and their cash," said David Bagatelle, Head of Global Operations and Banking, Credit Sesame. "This partnership with Green Dot allows us to scale Sesame Cash faster and deliver smarter, more accessible tools to help people transform their finances more quickly. With their banking infrastructure and like-minded dedication to financial inclusion, we're excited to deliver an even more powerful Sesame Cash experience that empowers people to take control of their money and their future." Following the Arc integration, soon-to-come enhancements on the Sesame Cash roadmap include Sesame Credit Builder, which will allow users to build and improve their credit scores with everyday debit purchases – from coffee to subscriptions and more. Activity is reported to the major credit bureaus, helping users improve their credit scores with each payment. "We are thrilled to partner with Credit Sesame to support, enhance and grow the Sesame Cash banking experience for their users," said Renata Caine, GM/SVP of Embedded Finance, Green Dot. "Our shared commitment to improving consumers' financial health through embedded financial services provides a strong foundation for this partnership, and we look forward to continued innovation with Credit Sesame for years to come."
Yahoo
07-08-2025
- Business
- Yahoo
Credit Sesame Enlists Green Dot to Enhance Sesame Cash Digital Banking Offering
Powered by Green Dot's embedded finance platform, Arc, Sesame Cash is a smart digital bank account that helps consumers take control of their money and their futures PROVO, Utah, August 07, 2025--(BUSINESS WIRE)--Credit Sesame, one of the first platforms to provide consumers free and ongoing access to their full credit information and profile, is partnering with Green Dot Corporation (NYSE: GDOT) to power and enhance its Sesame Cash smart digital banking service designed to help customers grow their savings. Leveraging Green Dot's embedded finance platform, Arc, Credit Sesame will offer users access to FDIC-insured demand deposit accounts (DDAs) at launch. Following the recent release of Credit Sesame's newest AI-backed management platform, Sesame, additional new services – such as credit-building tools – will also become available to Sesame Cash users as part of this partnership. "At Credit Sesame, our mission has always been to make financial wellness accessible to everyone by helping consumers grow both their credit and their cash," said David Bagatelle, Head of Global Operations and Banking, Credit Sesame. "This partnership with Green Dot allows us to scale Sesame Cash faster and deliver smarter, more accessible tools to help people transform their finances more quickly. With their banking infrastructure and like-minded dedication to financial inclusion, we're excited to deliver an even more powerful Sesame Cash experience that empowers people to take control of their money and their future." Following the Arc integration, soon-to-come enhancements on the Sesame Cash roadmap include Sesame Credit Builder, which will allow users to build and improve their credit scores with everyday debit purchases – from coffee to subscriptions and more. Activity is reported to the major credit bureaus, helping users improve their credit scores with each payment. "We are thrilled to partner with Credit Sesame to support, enhance and grow the Sesame Cash banking experience for their users," said Renata Caine, GM/SVP of Embedded Finance, Green Dot. "Our shared commitment to improving consumers' financial health through embedded financial services provides a strong foundation for this partnership, and we look forward to continued innovation with Credit Sesame for years to come." About Credit Sesame Credit Sesame is a leading financial wellness platform dedicated to helping consumers achieve better financial health through cutting-edge technology and data-driven solutions. With a decade of credit expertise and a proven track record of serving over 18 million users, Credit Sesame leverages AI and advanced analytics to empower individuals to improve their credit scores, enhance approval odds, and reduce credit costs. The recently launched Sesame Platform extends this mission by providing financial institutions with a turnkey AI-powered credit intelligence solution. It enables businesses to offer personalized credit and financial wellness experiences, driving deeper customer engagement and growth. Backed by leading institutional and strategic investors, Credit Sesame operates across the U.S. For more information, visit and follow on Instagram, Facebook, X and LinkedIn. 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 U.S., and much more. For more information, visit 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 Bank1 is a subsidiary of Green Dot Corporation and member of the FDIC. For more information about Green Dot's products and services, please visit ____________________ 1 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. View source version on Contacts Media Contact: Whit ChapmanDirector, Communications, Green Dotwchapman@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
07-08-2025
- Business
- Business Wire
Credit Sesame Enlists Green Dot to Enhance Sesame Cash Digital Banking Offering
PROVO, Utah--(BUSINESS WIRE)-- Credit Sesame, one of the first platforms to provide consumers free and ongoing access to their full credit information and profile, is partnering with Green Dot Corporation (NYSE: GDOT) to power and enhance its Sesame Cash smart digital banking service designed to help customers grow their savings. Leveraging Green Dot's embedded finance platform, Arc, Credit Sesame will offer users access to FDIC-insured demand deposit accounts (DDAs) at launch. Following the recent release of Credit Sesame's newest AI-backed management platform, Sesame, additional new services – such as credit-building tools – will also become available to Sesame Cash users as part of this partnership. "This partnership with Green Dot allows us to scale Sesame Cash faster and deliver smarter, more accessible tools to help people transform their finances more quickly." - David Bagatelle, Head of Global Operations and Banking, Credit Sesame Share 'At Credit Sesame, our mission has always been to make financial wellness accessible to everyone by helping consumers grow both their credit and their cash,' said David Bagatelle, Head of Global Operations and Banking, Credit Sesame. 'This partnership with Green Dot allows us to scale Sesame Cash faster and deliver smarter, more accessible tools to help people transform their finances more quickly. With their banking infrastructure and like-minded dedication to financial inclusion, we're excited to deliver an even more powerful Sesame Cash experience that empowers people to take control of their money and their future.' Following the Arc integration, soon-to-come enhancements on the Sesame Cash roadmap include Sesame Credit Builder, which will allow users to build and improve their credit scores with everyday debit purchases – from coffee to subscriptions and more. Activity is reported to the major credit bureaus, helping users improve their credit scores with each payment. 'We are thrilled to partner with Credit Sesame to support, enhance and grow the Sesame Cash banking experience for their users,' said Renata Caine, GM/SVP of Embedded Finance, Green Dot. 'Our shared commitment to improving consumers' financial health through embedded financial services provides a strong foundation for this partnership, and we look forward to continued innovation with Credit Sesame for years to come.' About Credit Sesame Credit Sesame is a leading financial wellness platform dedicated to helping consumers achieve better financial health through cutting-edge technology and data-driven solutions. With a decade of credit expertise and a proven track record of serving over 18 million users, Credit Sesame leverages AI and advanced analytics to empower individuals to improve their credit scores, enhance approval odds, and reduce credit costs. The recently launched Sesame Platform extends this mission by providing financial institutions with a turnkey AI-powered credit intelligence solution. It enables businesses to offer personalized credit and financial wellness experiences, driving deeper customer engagement and growth. Backed by leading institutional and strategic investors, Credit Sesame operates across the U.S. For more information, visit and follow on Instagram, Facebook, X and LinkedIn. 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 U.S., and much more. For more information, visit 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 Bank 1 is a subsidiary of Green Dot Corporation and member of the FDIC. For more information about Green Dot's products and services, please visit 1 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.
Yahoo
25-07-2025
- Business
- Yahoo
Green Dot vs. SoFi: Which Fintech Bank Powerhouse is the Smarter Pick?
Green Dot GDOT and SoFi Technologies SOFI are both U.S.-listed fintech firms competing in the rapidly evolving digital banking space. Green Dot operates primarily as a provider of prepaid debit cards and banking-as-a-service (BaaS) solutions, enabling embedded finance for third-party platforms. Its model focuses on powering banking infrastructure behind major brands and retailers. SoFi, by contrast, runs a full-stack digital banking platform and direct lending operation, offering personal loans, student loan refinancing and mortgage products. With a national bank charter, SoFi also provides high-yield savings, checking and investment tools, positioning itself as a one-stop shop for consumer financial services. Green Dot's Case Green Dot remains committed to driving the long-term growth of its business through a combination of strategic innovation and deep partnerships. A key focus lies in acquiring long-term users by issuing prepaid cards, both under its own brand, widely available in retail stores, and through co-branded offerings such as the Walmart MoneyCard. In addition to its core services, such as prepaid cards and tax processing, Green Dot leverages its proprietary technology platform and FDIC-insured banking license to deliver "Banking-as-a-Service" (BaaS). This model enables Green Dot to offer white-label banking solutions to major corporations, including Walmart WMT, Uber UBER, and Apple AAPL. Through these BaaS partnerships, Green Dot integrates its financial products directly into the ecosystems of Walmart, Uber, and Apple, thereby gaining access to vast and loyal customer bases. As users from these platforms adopt Green Dot-powered banking services, the company generates revenues through interchange fees when customers use their debit cards and earns interest income by retaining deposits. This strategy strengthens the company's relevance in the digital banking space while monetizing high-volume consumer activity. What sets Green Dot apart from other BaaS providers is its asset-light balance sheet, which supports higher interchange margins and limits dependence on interest income. This financial structure enhances operational efficiency, ensuring that its BaaS model remains both scalable and profitable. By continuing to deepen relationships with household names like Walmart, Uber and Apple, Green Dot is well-positioned to sustain growth and expand its footprint across the embedded finance landscape. SoFi's Case SoFi's land-and-expand strategy remains a core strength, provided it is effectively managed. The company has a strong track record of executing this ambitious growth approach. By offering a diverse range of financial services, SoFi attracts a growing customer base. This, in turn, incentivizes more partners to integrate their offerings within SoFi's expanding ecosystem. The result is a robust cross-selling dynamic that enhances overall profitability. Now, SoFi is taking the fight deeper into the fintech trenches. The firm recently extended its $2 billion Loan Platform Business agreement with Fortress Investment Group, focusing on personal loans. This bold move isn't just about scale; it's strategic. SoFi is actively shifting toward fee-based revenues that require less capital and offer more flexibility, signaling a deliberate pivot from traditional lending to a more robust, recurring revenue ecosystem. Meanwhile, SoFi is keeping the innovation pedal floored. It launched two new credit cards — SoFi Everyday Cash Rewards and SoFi Essential Credit Card — cementing its footprint in consumer finance and locking users deeper into its ecosystem. It's not just about more products, it's about smarter ones that boost lifetime value and retention. How Do Zacks Estimates Compare for SOFI & GDOT? The Zacks Consensus Estimate for SOFI's 2025 sales and EPS indicates year-over-year growth of 26% and 87%, respectively. EPS revisions have trended upwards in the past 60 days. Image Source: Zacks Investment Research The Zacks Consensus Estimate for GDOT's 2025 sales indicates a 20% year-over-year increase, and EPS indicates a year-over-year decline of 11%. EPS estimates haven't moved in the past 60 days. Image Source: Zacks Investment Research GDOT Undervalued, SOFI Priced for Growth While GDOT appears attractively valued with a forward 12-month P/E of 7.65X versus its median of 10.51X, SoFi's higher forward P/E of 53.2X — above its median of 41.4X — reflects investor confidence in its rapid earnings growth potential. Winner: SoFi Technologies SoFi emerges as the smarter fintech, thanks to its aggressive growth strategy, national bank charter, and expanding product suite. While Green Dot's BaaS model and strong partnerships with giants like Walmart and Apple offer stability, its declining EPS outlook limits momentum. In contrast, SoFi's 2025 projections show explosive year-over-year growth — 26% in sales and 87% in earnings — supported by upward EPS revisions. The launch of innovative credit products and its pivot to fee-based revenue signal a future-focused approach. Despite its high P/E, investor confidence in SoFi's scalable platform and retention-driven ecosystem makes it the clear long-term winner. Both SOFI and GDOT carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Walmart Inc. (WMT) : Free Stock Analysis Report Green Dot Corporation (GDOT) : Free Stock Analysis Report Uber Technologies, Inc. (UBER) : Free Stock Analysis Report SoFi Technologies, Inc. (SOFI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
22-07-2025
- Business
- Yahoo
Green Dot to Announce Second Quarter 2025 Results on August 11th
PROVO, Utah, July 22, 2025--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss second quarter 2025 financial results on Monday, August 11th, 2025 at 5:00 p.m. ET. A press release with the company's second quarter 2025 financial results will be issued after the market closes on the same day. The live webcast of the call can be accessed from Green Dot's investor relations website at A replay will be available at the same website following the call. 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 95,000 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 6,000 businesses and their employees; and Santa Barbara TPG ("SBTPG"), the company's tax division, which processes approximately 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 Bank is a subsidiary of Green Dot Corporation and member of the FDIC. For more information about Green Dot's products and services, please visit View source version on Contacts Investor Relations Contact IR@ Media Contact PR@ Sign in to access your portfolio
