“Can Uber lock in driver retention by becoming the de facto neobank for the global gig economy?”
Uber Pro Card began in 2016 as a Green Dot–issued driver debit card but pivoted in 2022 to a Branch + Marqeta + Evolve Bank stack after a public partnership breakdown with Green Dot. The product is the financial-services layer of Uber's gig-worker loyalty program — converting driver payouts into instant cashouts, fuel cashback, and a banking primitive. Geographic expansion has used different BaaS partners per region: Branch/Evolve in the US, Payfare in Canada, and Griffin in the UK (2026), reflecting Uber's strategy of orchestrating local sponsor banks rather than holding licenses itself.
Uber Pro Card discloses Branch (US program manager) as its banking provider, with Evolve Bank & Trust as its sponsor bank, according to the Embedded Finance Index 2026.
Uber Pro Card does not disclose a bank charter of its own; its banking services are provided through Evolve Bank & Trust.
Uber Pro Card processes payments through Mastercard Gateway and Mastercard Move (payouts).
Uber Pro Card's cards are issued through Marqeta.
Uber Pro Card's lending and capital products are provided by Pipe.
Uber Pro Card uses Mastercard Move for FX and cross-border payouts.
Uber Pro Card's payroll is powered by Branch (instant payouts to driver wallet).
Uber Pro Card integrates with QuickBooks Online and Xero.
The Embedded Finance Index 2026 maps 8 layers in Uber Pro Card's stack: Payments / PSP (Mastercard Gateway and Mastercard Move (payouts)); Banking / BaaS (Branch (US program manager)); Card issuing (Marqeta); Lending (Pipe and Merchant Capital (Uber Eats restaurant financing, powered by Pipe)); Payroll (Branch (instant payouts to driver wallet)); Sponsor bank (Evolve Bank & Trust); FX & payouts (Mastercard Move); Accounting (QuickBooks Online and Xero).
Uber Pro Card was founded by Travis Kalanick and Garrett Camp and is founded in 2009, headquartered in San Francisco, California, USA.
Uber Pro Card has raised $25B+ (pre-IPO) in total (latest round: Post-IPO Equity; valuation: Public (NYSE: UBER)).
Get a read on where your own stack stands against Uber Pro Card and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.