Green Dot’s BaaS and Challenger Bank AdvantagesGreen Dot has an impressive resume in the BaaS space. Walmart has a relationship with Green Dot Bank to offer payment cards to customers. In addition, Green Dot announced it will partner with Google on the Big Tech’s firm checking account launch in 2021. [Note: I’ve put quotations around “banking” because we have to start making a finer distinction between embedded banking, embedded payments, and embedded lending. As 11:FS demonstrates in its report on BaaS, BaaS clients often turn to multiple BaaS providers to complete the BaaS stack.

Source: Forbes December 15, 2020 15:00 UTC