💰SMITH VENTURES + COMMERCEONE BUY GREEN DOT CORP: 2 Birmingham-based companies connected by entrepreneur Bill Smith are acquiring Green Dot Corp, a financial technology platform + registered bank company. Get the details👇 💵 The deal’s overall value is estimated to be between $825M- $1.1B. 👨‍💼Smith Ventures will acquire + privatize Green Dot’s non-bank financial technology business assets + operations, which will continue running as an independent fintech + embedded finance company.  💲CommerceOne will acquire Green Dot Bank and its associated assets + operations. 🤝Together, they’ll become a publicly traded bank holding company serving as the fintech’s exclusive issuing bank. 💬“Combining Green Dot’s payments expertise + CommerceOne’s financial strength, we will be well-positioned to deliver exceptional experiences for customers, partners + employees.” -Bill Smith, CEO of Smith Ventures 📲 Click the link in our bio to read more. #bhamal #birminghamalnews #breakingnewsbir...