Strategic Update November 24, 2025 Disclaimer Forward Looking Statements This presentation contains statements that constitute "forward-looking statements" within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are statements that could be deemed to be forward-looking statements. These forward-looking statements include, but are ...

Core Viewpoint - Green Dot Corporation has announced strategic transactions involving the acquisition of its non-bank financial technology business by Smith Ventures and the acquisition of Green Dot Bank by CommerceOne Financial Corporation, leading to the formation of a new publicly traded bank holding company [1][2][7] Summary by Sections Transaction Details - Smith Ventures will acquire Green Dot's non-bank financial technology assets for $690 million in cash, with $470 million distributed to Green Dot shareholders, $155 million invested into the bank for regulatory capital, and $65 million allocated to pay off current debts [3][5] - Upon completion, each Green Dot share will be exchanged for $8.11 in cash and 0.2215 shares of the new bank holding company, with former Green Dot shareholders owning approximately 72% and former CommerceOne shareholders owning about 28% of the new entity [2][5] Strategic Rationale - The transactions aim to create a growth-focused fintech company and a new bank holding company that will serve as the exclusive issuing bank for the fintech's digital banking platform, enhancing market share and partnership opportunities [4][15] - The implied value to Green Dot shareholders is estimated between $14.23 and $19.18 per share, with an aggregate value of approximately $825 million to $1.1 billion [5][12] Company Backgrounds - Smith Ventures, founded in 2017, specializes in investing in high-potential businesses in financial services and consumer technology, focusing on long-term growth [6][22] - CommerceOne Financial Corporation, established in 2022, aims to deliver long-term shareholder value through disciplined growth and exceptional client service [8][24] Future Outlook - The transactions are expected to close in the second quarter of 2026, pending shareholder and regulatory approvals [12][16] - The strategic review process that led to these transactions evaluated various alternatives to enhance shareholder value [16]

The Block Ink logo is displayed on a mobile phone with the company's branding seen in the background in this photo illustration in Brussels, Belgium, on November 3, 2025. (Photo Illustration by Jonathan Raa/NurPhoto via Getty Images)NurPhoto via Getty ImagesBlock stock (NYSE: XYZ)is currently down 16% this month, primarily due to disappointing Q3 results.However, investors should put XYZ on their radar. The core reason is its strong historical support level.XYZ is presently trading within a key support rang ...

Core Insights - Stakk has signed a three-year contract with SoFi Technologies to deliver its Stakk IQ modular embedded finance solution, which will enhance deposit acceptance features for over 12.6 million customers via the SoFi app [1] - The revenue model for Stakk will include a monthly platform fee and usage-based transaction fees, with revenue expected to start in December and accelerate throughout the 2026 financial year [2] - The agreement with SoFi, along with a recent contract with Chime Financial, is projected to add approximately $4.7 million to Stakk's annual recurring revenue (ARR), exceeding the previous ARR forecast of $8 million by year-end [3] Company Overview - SoFi, with a market capitalization of approximately $51 billion, operates under a branch-less business model, offering a range of financial products and services while aiming to keep customers within its digital ecosystem [5] - SoFi is recognized as the official banking partner for the National Basketball Association and is the premium sponsor of SoFi Stadium in Los Angeles [6] Strategic Importance - The chair of Stakk, Nikhil Ghanekar, emphasized the significant growth in ARR and the importance of the technology provided, which serves a diverse clientele including small financial institutions and multinational corporations [4] - The selection of Stakk by SoFi after a rigorous selection process highlights the company's innovative potential and the opportunity for collaboration with a leading fintech [4]

FinTech and digital bank Green Dot and financial services firm Amscot Financial launched a banking partnership.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The collaboration will see Florida-based Amscot use Gre ...

CORNELIUS, N.C., Nov. 17, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ:AMOD), through a wholly owned subsidiary Alpha Modus Financial Services, LLC (“AMFS”), today announced a strategic partnership with TransPecos Banks, SSB, and Synctera, Inc. to launch its reloadable prepaid debit program and embedded-banking infrastructure for the company’s AlphaCash platform. The AlphaCash platform is a key component in the AI-for-Retail feedback loop that connects shopper engagement to measurable financi ...

CORNELIUS, N.C., Nov. 17, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ:AMOD), through a wholly owned subsidiary Alpha Modus Financial Services, LLC (“AMFS”), today announced a strategic partnership with TransPecos Banks, SSB, and Synctera, Inc. to launch its reloadable prepaid debit program and embedded-banking infrastructure for the company’s AlphaCash platform. The AlphaCash platform is a key component in the AI-for-Retail feedback loop that connects shopper engagement to measurable financi ...

Core Insights - The fintech industry is undergoing a transformative era, focusing on reimagining the entire financial ecosystem beyond just digital payments [1][2] Group 1: AI and Automation - AI-driven finance is reaching full maturity, with advancements in generative AI, machine learning, and predictive analytics enhancing decision-making, automation, security, and personalization [5][7] - Hyper-automation in finance is modernizing operations through AI, machine learning, and robotic process automation, significantly reducing operational inefficiencies [26][28] Group 2: Embedded Finance and Web3 - Embedded finance is becoming mainstream, allowing non-financial companies to integrate financial services directly into their platforms, with a projected global opportunity exceeding $500 billion by 2026 [8][9] - The rise of Web3 and decentralized finance (DeFi) is shifting focus from crypto trading to real-world asset tokenization and smart contracts [10][14] Group 3: Sustainability and Green Fintech - Green fintech is gaining traction as environmental sustainability becomes a priority, with financial institutions developing eco-friendly digital products in response to consumer demand, particularly from Gen Z [16][18] Group 4: Central Bank Digital Currencies (CBDCs) - Over 100 countries are experimenting with or launching CBDCs, which are expected to reshape the global monetary ecosystem and create new opportunities for collaboration between central banks and fintech companies [19][20] Group 5: Security and User Experience - Biometric security and zero-trust frameworks are becoming standard in fintech to combat increasing cybersecurity threats, requiring continuous verification of users and devices [21][25] - Human-centric user experience is crucial for fintech success, with a focus on intuitive design, real-time insights, and trust-building features [38][41] Group 6: Financial Inclusion - Fintech is enhancing financial inclusion through mobile banking, digital wallets, and micro-lending apps, making banking services more accessible to underserved populations [31][36]

Core Insights - Green Dot has lifted its full-year profit guidance and is positioned for sustainable growth into 2026, driven by strong performance in its B2B and embedded finance operations [1][2][4] Financial Performance - The company reported a 21% year-over-year revenue growth in the third quarter, reaching $492 million, primarily driven by the B2B segment, which saw revenue increase by over 30% [7][9] - Adjusted EBITDA fell by 17%, but the decline was less than anticipated due to high-margin revenue and disciplined expense management [8] - Full-year revenue guidance is maintained at $2 billion to $2.1 billion, with adjusted EBITDA guidance raised to $165 million to $175 million [9] Business Segments - The B2B and embedded finance business is a key growth driver, with active accounts and purchase volume on the ARC embedded finance platform continuing to rise [7][11] - The money movement segment experienced a decline in revenue due to softened transaction volume, although average revenue per transaction increased [10] Partnerships and Initiatives - Partnerships with Stripe, Workday, and Crypto.com have strengthened Green Dot's embedded finance and money-movement capabilities [1][5] - The integration with Stripe allows small business customers to make cash deposits at over 50,000 locations, opening up new revenue streams [6] - The company's Project 30 initiative aims to cut partner implementation time to 30 days, showcasing operational discipline [4]

Financial Data and Key Metrics Changes - Adjusted revenue increased by 21% year-over-year, while adjusted EBITDA declined by 17%, which was better than internal projections [4][16] - Non-GAAP revenue is expected to be between $2 billion and $2.1 billion, with adjusted EBITDA guidance raised to $165 million to $175 million [26][27] Business Line Data and Key Metrics Changes - B2B segment revenue grew over 30%, driven by a significant BaaS partner and overall growth in the BaaS portfolio [17] - Money Movement segment revenue grew year-over-year, with margins improving due to better-than-expected loss rates on taxpayer advance programs [20][22] - Consumer Services segment revenue is projected to decline in the low double digits, but declines in active accounts have moderated compared to previous years [23][28] Market Data and Key Metrics Changes - The embedded finance market is experiencing robust growth, with 94% of surveyed companies planning to increase spending on embedded finance [15] - The partnership with Stripe is expected to open up significant opportunities in the SMB market, which is a new area of focus for the company [12][30] Company Strategy and Development Direction - The company is focused on strengthening its revenue engine by signing new partners and investing in infrastructure for sustainable long-term growth [5][6] - The strategic review is ongoing, with updates to be provided as appropriate [4] - The exit from Shanghai operations is part of a strategy to optimize platforms and reduce operational risks [5][25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth of the B2B segment and the potential of the embedded finance market [29][36] - The company is optimistic about the upcoming launches and partnerships, which are expected to drive future growth [30][31] - Management acknowledged ongoing challenges in the Consumer segment but remains committed to enhancing customer engagement and retention [24][28] Other Important Information - The company is implementing an internal project called Project 30 to reduce onboarding times for new partners [46][47] - A new restructuring line item on the GAAP P&L reflects costs associated with exiting the Shanghai operation [25] Q&A Session Summary Question: What is driving the strong demand for embedded finance? - Management indicated that companies are increasingly viewing embedded finance as a strategic imperative to deepen customer relationships and monetize them [39][40] Question: Can you discuss the timeline to revenue from new signings and onboardings? - The timeline for implementation varies, generally taking six to eight months, with efforts underway to reduce this to 30 days [42][46] Question: How is the company focusing its efforts on embedded finance? - The focus is on targeting large brands with significant customer bases, while also exploring mid-market opportunities as onboarding times are reduced [53][54] Question: What impacts are expected from partnerships with Workday and Stripe? - The integration with Workday is expected to facilitate access to a larger number of employers, while the partnership with Stripe is anticipated to significantly enhance cash deposit services [55][57]