# @bhamnow on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DRfLsXcEfxZ
- **Gondola URL:** https://gondola.cc/posts/37357139-bhamnow-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/2668340b34.jpg
- **Posted:** 2025-11-25T17:07:02.000+00:00
- **Account Owner:** Bham Now (@bhamnow) — https://gondola.cc/bhamnow

## Caption

💰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 #breakingnewsbirminghamal bhamalabama MR

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- **Likes:** 230
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- **Comments:** 4

## Tags

breakingnewsbirminghamal, birminghamalnews, bhamal

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