Green Dot Breakup: Fintech Giant to Be Split, Privatized, and Rebuilt in $1B+ Deal
Green Dot, one of the original pillars of US prepaid and embedded finance, is about to be remade from the inside out. In a move that’s equal parts restructuring, revival, and strategic reboot, Green Dot Corporation announced it will split its fintech and banking arms through a pair of coordinated transactions with Smith Ventures and CommerceOne Financial Corporation.
