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Smith Ventures to acquire Green Dot Corp.

PRIVATENov 24, 2025

Acquiring Company

Smith Ventures

Acquired Company

Green Dot

ProvoProvoFinancial ServicesFinanceFinancial ServicesFinanceFintechLendingBanking

Description

On November 24, 2025, Green Dot Corp. announced agreements to be acquired by Smith Ventures and CommerceOne Financial Corporation. If completed, shareholders will receive $8.11 in cash and additional shares of a new bank holding company. An investigation is underway regarding the fairness of this buyout for shareholders.

Quick answer

Smith Ventures is acquiring Green Dot, announced November 24, 2025. Smith Ventures is based in Provo, Utah, United States.

How much did Smith Ventures pay for Green Dot?
The deal value was not disclosed.
What does Smith Ventures do?
Founded in 2017, Smith Ventures specializes in identifying, strategically investing in and growing high-potential businesses.
Where are Smith Ventures and Green Dot based?
Smith Ventures is based in Provo, Utah, United States. Green Dot is based in Provo, Utah, United States.

Source: Fundz verified event record.

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Company Information

Company

Smith Ventures

Location

Provo, Utah, United States

About

Founded in 2017, Smith Ventures specializes in identifying, strategically investing in and growing high-potential businesses. With deep expertise across financial services and consumer technology, the company has a proven track record of success in driving long-term growth and delivering exceptional customer experiences.

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Frequently asked

Who acquired Green Dot?

Green Dot was acquired by Smith Ventures, based in Provo. The deal was reported on November 24, 2025. Founded in 2017, Smith Ventures specializes in identifying, strategically investing in and growing high-potential businesses. Smith Ventures is privately held and operates in Financial Services.

When did Smith Ventures acquire Green Dot?

Smith Ventures's acquisition of Green Dot was reported on November 24, 2025. On November 24, 2025, Green Dot Corp. announced agreements to be acquired by Smith Ventures and CommerceOne Financial Corporation. If completed, shareholders will receive $8.11 in cash and additional shares of a new bank holding company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Green Dot do?

For more information, visit https://ir.greendot.com. 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. It is publicly traded (GDOT), operating in Financial Services, and is based in Provo.

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