Funding Round · Embedded Finance · 2025

Green Dot sale to Smith Ventures and CommerceOne Financial

Green Dot raised $690M Asset sale; two-part breakup led by Smith Ventures; CommerceOne Financial on November 24, 2025.

Primary
Green Dot
Counterparty
Smith Ventures; CommerceOne Financial
Amount
$690M
Structure
Asset sale; two-part breakup
Date
November 24, 2025
Sub-sector
Embedded Finance

Green Dot's fintech platform sold to Smith Ventures for $690M; bank assets acquired by CommerceOne to create integrated embedded finance issuer.

Primary company
Green Dot
Amount
$690M
Event date
November 24, 2025
Sub-sector
Embedded Finance
HQ
Structure
Asset sale; two-part breakup
Source published
November 24, 2025
Publisher
American Banker

Source: americanbanker.com