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green dot

Provider
BaaSCard IssuingPSP

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 12 companies across 3 categories.

greendot.com ↗Also analysed as a company — its own stack →
CategoriesBaaS, Card Issuing, PSP
Rank#42 of 340 in BaaS
Buyers12 companies
HeadquartersProvo, Utah
Founded1999

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Founders & story · from green dot’s own dossier

Founded in 1999 as a prepaid card issuer targeting unbanked and underbanked consumers via retail distribution, Green Dot obtained its own bank charter in 2011 via the Bonneville Bancorp acquisition — transforming from a card program manager into a licensed bank. The company subsequently evolved from a consumer-facing prepaid brand into a B2B embedded finance infrastructure provider, launching the Arc platform to offer Banking-as-a-Service to enterprise partners including Walmart, Amazon Flex, Intuit TurboTax, and Stripe Treasury. Today, Green Dot operates simultaneously as a direct consumer banking brand (GO2bank, GoBank) and as an infrastructure-layer sponsor bank and BaaS provider to large platform businesses, positioning payroll-linked direct deposit as its primary embedded finance entry point.

Recent developments
  • 2025-09Green Dot added Stripe as a Green Dot Network partner, enabling Stripe Treasury users to make cash deposits at 50,000+ Green Dot retail network locations via the Arc platform. source ↗
  • 2025-11Amscot Financial announced a partnership with Green Dot via the Arc platform to offer DDAs and secured credit cards at Amscot's 230+ Florida financial service centers. source ↗
Full dossier: green dot’s own stack, layer by layer →
In the press
embeddedfinancereview.com ↗
Coverage of green dot sourced from Embedded Finance Review — a content partner for this report. All articles are © their original authors; click any card to open the source.
◇ article2025-11-30
Green Dot splits its bank and embedded finance unit
Green Dot is splitting into two businesses: Smith Ventures will acquire the embedded finance unit known for powering Uber's checking account, while CommerceOne acquires the bank. Here's why the separation unlocks growth.
Source · Embedded Finance Review ↗
◇ article2024-10-27
Green Dot launches embedded finance brand
US bank Green Dot launches Arc embedded finance brand despite Fed fine and consent orders. Why this signals industry progress in BaaS partnerships.
Source · Embedded Finance Review ↗
Who uses green dot
12 companies disclose green dot in their stack
SocureQuickBooks MoneyCrypto.comQoloWealthfrontUnit21Credit SesameDayforceRepayVaro BankAmscotPLS
Buyer mix · 12 of 12 classified
Fintech / Consumer banking · 3Infrastructure / KYC · 2Fintech / Crypto · 1Fintech / Investment · 1Fintech / Neobank · 1Horizontal SaaS / Accounting · 1Horizontal SaaS / HR & Payroll · 1Infrastructure / Card issuing · 1
US · 11APAC · 1
What the disclosures say
QuickBooks Money
“QuickBooks Checking accounts are publicly disclosed as issued by Green Dot Bank, Member FDIC (per NerdWallet review and Intuit's own QuickBooks Money disclosures). 3% APY high-yield savings envelopes confirmed.”
Crypto.com
“BusinessWire press release (Oct 2025): 'Powered by Arc, Green Dot's end-to-end embedded finance platform…FDIC-insured account'.”
Wealthfront
“IBS Intelligence publicly lists Wealthfront as a Green Dot partner: 'Green Dot and Wealthfront extend partnership to simplify savings and help build wealth' (https://ibsintelligence.com/ibsi-news/green-dot-and-wealthfront-extend-partnership-to-simplify-savings-and-help-build-wealth/). Wealthfront Cash page confirms pro…”
View source · ibsintelligence.com ↗
Credit Sesame
“Community Federal Savings Bank lists Credit Sesame as customer at bankingembedded.com. ffnews.com confirms Green Dot partnership expanding Sesame Cash.”
Dayforce
“Green Dot press release (Feb 21, 2024): 'Green Dot will serve as the U.S. banking provider for Dayforce Wallet… leveraging Green Dot's BaaS platform.' Dayforce Wallet product page confirms prepaid Mastercard, savings goals, ATM network, and transfer features.”
Varo Bank
“Disclosures page cites Green Dot Network for cash deposits at CVS.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent green dot? Claim this profile above to unlock your own full list.
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What green dot runs on · from its own dossier
The third-party providers green dot itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose green dot.
PSP
Mastercard Payment Transaction Services
Open Banking
PlaidMastercard Open Banking
Full dossier with evidence for each layer →
Alternatives to green dot

Other BaaS providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Evolve Bank & Trust71 buyers →Sutton Bank63 buyers →Cross River56 buyers →Pathward48 buyers →ClearBank39 buyers →Thread Bank35 buyers →Backbase30 buyers →Community Federal Savings Bank30 buyers →
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Ranked #42 of 340 in BaaS — Embedded Finance Index 2026
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green dot — frequently asked

Which companies use green dot?

12 companies are linked to green dot in the Embedded Finance Index 2026, through their own public disclosures or green dot's published customer list, including Socure, QuickBooks Money, Crypto.com, Qolo, Wealthfront, Unit21, Credit Sesame, Dayforce, Repay, Varo Bank and 2 others.

What does green dot do?

green dot is an embedded-finance provider in BaaS, Card Issuing and PSP. It ranks #42 of 340 BaaS providers by linked companies.

What are the alternatives to green dot?

The most-named BaaS alternatives to green dot are Evolve Bank & Trust (71 buyers), Sutton Bank (63 buyers), Cross River (56 buyers), Pathward (48 buyers), ClearBank (39 buyers) and Thread Bank (35 buyers).

Where is green dot headquartered?

green dot is founded in 1999 and headquartered in Provo, Utah.

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