Green Dot Appoints Renata Caine to Lead Banking as a Service
April 15 2024 - 8:00AM
Business Wire
Green Dot Corporation (NYSE: GDOT), a digital bank and fintech
powering consumers and businesses with seamless banking and payment
solutions, today announced the appointment of Renata Caine as
General Manager of Banking as a Service (BaaS). Caine will oversee
the company’s BaaS business with a focus on building and supporting
embedded finance that fuels retention, engagement and growth for
Green Dot’s growing list of world-class BaaS partners.
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Renata Caine, GM, BaaS at Green Dot
(Photo: Business Wire)
“Renata is an impressive leader whose deep experience driving
strategy and growth for global businesses will support our
evolution as a market-leading single-source embedded finance
platform,” said George Gresham, Chief Executive Officer, Green Dot
Corporation. “We are thrilled to welcome Renata to the team as we
continue serving and growing our current partners, building our
pipeline and establishing a strong foundation that enables scalable
growth for our embedded finance business.”
Caine is a payments leader with 17 years of experience building
businesses and teams across the globe, most recently as a
consulting advisor for Point72 Ventures supporting specific
investment activities through diligence, value creation and
go-to-market planning. She has also held leadership roles at Justt,
where she led all global commercial aspects of the Tel Aviv-based
chargebacks startup as Chief Commercial Officer, and Marqeta, where
she spent over four years – most recently as SVP of International,
Strategy and Planning – managing the company’s rapidly scaling
business operations and guiding its transformation into a global
enterprise, including the company’s 2021 initial public offering.
Prior to that, she spent nearly 12 years at WEX, primarily in the
organization’s Commercial Payments division.
“Green Dot is uniquely positioned to make its mark as a leading
BaaS and embedded finance provider given its unique assets and
powerful platform and tools designed to help current and future
partners achieve scale and innovation,” said Caine. “I look forward
to helping Green Dot navigate the ever-evolving fintech landscape
and to establishing the company as the market-leading single-source
platform businesses rely on for embedded finance tools and
services.”
Green Dot’s embedded finance platform provides partners all the
building blocks necessary to develop and support seamless, secure
and value-driven embedded financial services, including:
- Bank licensing through Green Dot’s FDIC-insured bank
charter;
- Operations including risk, fraud prevention, compliance
and customer support;
- Technology including configurable APIs, cloud-based core
banking and processing; and
- User interface including design and overall user
experience development and support.
Caine will lead the team responsible for managing and supporting
Green Dot’s BaaS partners, enabling companies to drive more
meaningful value, engagement and loyalty with their customers and
employees through seamless, secure and value-driven financial tools
and services. With more than a decade of experience building and
supporting embedded finance solutions for partners, Green Dot has
served as the BaaS partner to some of the world’s largest and most
trusted brands in industries spanning technology, retail,
ecommerce, investing, small business and many others.
Following the completion of a comprehensive, multi-year
processor conversion centered on building a more efficient, nimble
and powerful platform company, Green Dot is now focused on
continued stabilization and growth, and has recently added several
new brands (including Dayforce, Stockpile and Credibly) to its
growing list of BaaS partners.
For more information on Green Dot’s BaaS and embedded finance
offerings, visit greendot.com/business-solutions.
About Green Dot
Green Dot Corporation (NYSE: GDOT) is a financial technology and
registered bank holding company committed to giving all people the
power to bank seamlessly, affordably, and with confidence. Green
Dot’s technology platform enables it to build products and features
that address the most pressing financial challenges of consumers
and businesses, transforming the way they manage and move money and
making financial empowerment more accessible for all.
Green Dot offers a broad set of financial services to consumers
and businesses including debit, checking, credit, prepaid, and
payroll cards, as well as robust money processing services, tax
refunds, cash deposits and disbursements. Its flagship digital
banking platform GO2bank offers consumers simple and accessible
mobile banking designed to help improve financial health over time.
The company’s banking platform services business enables a growing
list of the world’s largest and most trusted consumer and
technology brands to deploy customized, seamless, value-driven
money management solutions for their customers.
Founded in 1999, Green Dot has served more than 33 million
customers directly and many millions more through its partners. The
Green Dot Network of more than 90,000 retail distribution locations
nationwide, more than all remaining bank branches in the U.S.
combined, enables it to operate primarily as a “branchless bank.”
Green Dot Bank is a subsidiary of Green Dot Corporation and member
of the FDIC1. For more information about Green Dot’s products and
services, please visit www.greendot.com.
_______________ 1 Green Dot Bank also operates under the
following registered trade names: GO2bank, GoBank and Bonneville
Bank. All of these registered trade names are used by, and refer
to, a single FDIC-insured bank, Green Dot Bank. Deposits under any
of these trade names are deposits with Green Dot Bank and are
aggregated for deposit insurance coverage up to the allowable
limits.
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Alison Lubert alubert@greendotcorp.com
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