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Green Dot sale attracts private equity amid sluggish deal climate

The fintech, whose biggest customers are WalMart and Apple, has been exploring sale options since March.
The article from Fortune, published on May 7, 2025, discusses the evolving landscape of prepaid debit cards, focusing on Green Dot's strategic moves and partnerships. Green Dot, a major player in the prepaid card market, has been expanding its reach through collaborations with retail giants like Walmart and tech companies like Apple. The company is also exploring potential private equity investments to fuel further growth. Meanwhile, traditional banks like Citigroup are entering the fintech space, intensifying competition. The article highlights how these developments are reshaping the financial services industry, making prepaid debit cards more accessible and integrated into everyday transactions.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/07/green-dot-walmart-apple-prepaid-debit-cards-private-equity-citigroup-fintech-banks/ ]