# GREEN DOT CORP (GDOT) — merger [announced]
Source: SEC API (secapi.ai) · situation sit_e55b2151f9e4a09fa283 · retrieved 2026-08-14T01:28:07.270Z

## Overview
Green Dot Corporation is a financial technology platform and registered bank holding company that delivers seamless banking and payment solutions to consumers and businesses of all sizes through brands including GO2bank, the Green Dot Network of retail distribution locations, Arc by Green Dot embedded finance platform, rapid! wage and disbursements solutions, and SBTPG tax processing division.

On November 24, 2025, Green Dot Corporation announced it entered into agreements to be acquired by affiliates of Smith Ventures, LLC and CommerceOne Financial Corporation. Under the proposed transactions, Smith Ventures will acquire and privatize Green Dot's non-bank financial technology business assets and operations (the "FinTech business"), which will operate as an independent, growth-focused fintech and embedded finance company. Concurrently, CommerceOne will acquire Green Dot Bank and its associated assets and operations, with the combined organization serving as the FinTech business's exclusive sponsor bank. The parties have received required shareholder approvals and early termination of the Hart-Scott-Rodino Act waiting period, and have filed regulatory applications with all applicable U.S. federal and state bank authorities. Closing remains subject to receipt of required regulatory approvals and satisfaction of other customary closing conditions.

## Terms
- Counterparty: Smith Ventures, LLC and CommerceOne Financial Corporation

## Key dates
- Announced 2026-08-10

## Timeline
- 2026-08-10 · 8-K (0001386278-26-000042): 8-K - GREEN DOT CORP — *Green Dot Corporation is a financial technology platform and registered bank holding company that delivers seamless banking and payment solutions to consumers and businesses of all sizes through brands including GO2bank, the Green Dot Network of retail distribution locations, Arc by Green Dot embedded finance platform, rapid! wage and disbursements solutions, and SBTPG tax processing division.* On November 24, 2025, Green Dot Corporation announced it entered into agreements to be acquired by affiliates of Smith Ventures, LLC and CommerceOne Financial Corporation. Under the proposed transactions, Smith Ventures will acquire and privatize Green Dot's non-bank financial technology business assets and operations (the "FinTech business"), which will operate as an independent, growth-focused fintech and embedded finance company. Concurrently, CommerceOne will acquire Green Dot Bank and its associated assets and operations, with the combined organization serving as the FinTech business's exclusive sponsor bank. The parties have received required shareholder approvals and early termination of the Hart-Scott-Rodino Act waiting period, and have filed regulatory applications with all applicable U.S. federal and state bank authorities. Closing remains subject to receipt of required regulatory approvals and satisfaction of other customary closing conditions.
  https://www.sec.gov/Archives/edgar/data/1386278/0001386278-26-000042.txt

## Citations
- 0001386278-26-000042 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000138627826000042