|View printer-friendly version|
Green Dot and Plaid Partner to Give Customers Seamless Access to Their Money Through Secure Open Finance Solutions
Integration ensures GO2bank customers can connect with more than 6,000 apps powered by
The companies joined forces to offer GO2bank customers an API-based, token-based open finance experience enabling the data connectivity that today’s consumers expect. The partnership leverages Plaid’s innovative open finance API solution
Ensuring all consumers have access to modern financial tools has never been so critical. It is estimated that 10 percent of Americans are unbanked and about 25 percent are underbanked, meaning they lack a checking or savings account, or have one but use alternative (and often predatory) financial solutions. What’s more, data show the majority of consumers feel more confident about their finances the more they use fintech, creating even more demand for digital platforms with secure open finance solutions.
The joint integration, which is now complete, connects GO2bank customers with more than 6,000 apps and services powered by
“Our focus at Green Dot is giving all people the power to bank seamlessly, affordably, and with confidence,” said
“Plaid is working to ensure that inclusivity is the industry standard,” said
GO2bank is designed to give all people the tools and support they need to build a stronger financial foundation. In particular, GO2bank is built for the many millions of Americans living paycheck to paycheck – including lower-income consumers, gig workers, small business owners, and more – who stand to benefit most from seamless, affordable, and useful banking and payments tools designed for their unique challenges and needs.
GO2bank’s easy-to-use mobile app helps customers build confidence and control in the way they manage their money with up to
About Green Dot
Green Dot offers a broad set of financial services to consumers and businesses including debit, checking, credit, prepaid, and payroll cards, as well as robust money processing services, tax refunds, cash deposits and disbursements. Its flagship digital banking platform GO2bank offers consumers simple and accessible mobile banking designed to help improve financial health over time. The company’s banking platform services business enables a growing list of the world’s largest and most trusted consumer and technology brands to deploy customized, seamless, value-driven money management solutions for their customers.
Founded in 1999, Green Dot has served more than 33 million customers directly and many millions more through its partners. The Green Dot Network of more than 90,000 retail distribution locations nationwide, more than all remaining bank branches in the
1 Activated, chip-enabled debit card and opt-in required.
2 Monthly fee waived whenever you receive a payroll or government benefits direct deposit in the previous monthly statement cycle. Otherwise
3 Retail service fee and limits apply. See Deposit Account Agreement (PDF) for details.
4 Direct deposit early availability depends on timing of payor’s payment instructions and fraud prevention restrictions may apply. As such, the availability or timing of early direct deposit may vary from pay period to pay period. The name and