Crypto.com Partners with Green Dot to Deliver Enhanced Banking Features for U.S. Users

Crypto.com formed an agreement with the New York Stock Exchange-listed company Green Dot Corporation (NYSE: GDOT) to deliver advanced banking solutions and money management features to its U.S. customers. Arc the embedded finance platform from Green Dot enables Crypto.com users to gain access to enhanced cash account functions and interest-bearing savings options together with additional cash transfer options through the platform.

The partnership gives Crypto.com Cash Account users a dual access system to load funds using U.S. dollars through digital transactions or handling cash at multiple Green Dot retail locations across 95,000 locations nationwide. The Arc-powered savings vault will provide Crypto.com users with interest opportunities on their account funds and the platform plans additional financial options.

“Increasing everyday utility of cryptocurrencies and providing customers more ways to enhance their financial lives are both central to our vision and roadmap at Crypto.com,” said Joe Anzures, General Manager, Americas and EVP of Payments, Crypto.com. “We are thrilled to partner with Green Dot, a true leader that shares our vision for digital payment utility and financial empowerment, in offering banking services to Crypto.com’s U.S. customers.”

The Crypto.com platform allows users to utilize standard financial instruments among more than 350 cryptocurrencies while developing an easier crypto experience. The partnership provides users with easy financial management options that enable them to fund accounts, gain interest and execute transactions at CVS, Walmart and Walgreens retail outlets.

“We are thrilled to partner with Crypto.com to enhance the customer experience for their millions of users in the U.S. with more seamless and affordable means of buying and selling cryptocurrencies,” said Renata Caine, GM/SVP of Embedded Finance, Green Dot. “Crypto.com has been a trailblazer in safely and securely advancing the adoption of cryptocurrency in the U.S., and we are looking forward to innovating on behalf of their customers for years to come.”

The extensive retail presence of Green Dot allows U.S. citizens to access banking services through a network that extends to all areas with a three-mile radius despite the decreasing availability of traditional bank branches nationwide.

About Crypto.com

From its establishment in 2016 Crypto.com has built up trust among over 140 million users across the globe. Security leadership along with compliance excellence and innovative services enable this platform to offer one of the largest crypto currency selection in the market. The organization aims to achieve its Cryptocurrency in Every Wallet mission through its dedication to universal adoption and economic self-powered transformation. Learn more at crypto.com.

About Arc by Green Dot

Through Arc Green Dot provides embedded financial services which use APIs to supply modular banking capabilities to multiple industrial sectors. The FDIC insurance and secure enterprise-grade tools available within Arc exist through its integration with Green Dot Bank. Learn more at greendot.com/arc.

About Green Dot

With 25 years of experience Green Dot Corporation operates as a registered bank holding company while leading as a fintech pioneer. Green Dot Corporation has operated over 80 million accounts by delivering its range of GO2bank rapid!, and Green Dot Network consumer and business products. For more, visit greendot.com.