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DolFinTech Introduces Digital Banking Services Online and in 500-Plus Locations Nationwide

Powered by Green Dot’s embedded finance platform, Arc, the new demand deposit accounts expand access to secure, FDIC-insured banking for Hispanic and other underserved communities across the U.S.

DolFinTech, one of the largest privately held money transfer companies serving outbound remittance markets in the U.S., Canada and Spain to more than 20 destination countries, has expanded its suite of financial services with new demand deposit accounts (DDAs) designed to empower Hispanic and other underserved communities. Powered by Green Dot‘s (NYSE: GDOT) embedded finance platform, the new DDAs are available to customers online and in more than 500 DolFintech locations nationwide, including DolEx Financial Services and Barri Money Services locations, as well as associated independent agents.

The new DolEx Visa Debit Card and Barri Visa Debit Card offer essential banking features such as direct deposit, debit card access, overdraft protection and secure money management tools – all integrated alongside DolFinTech’s existing financial services. With nationwide retail availability and online enrollment, the launch delivers a flexible, omnichannel banking experience that meets customers where and how they choose to engage.

“We are incredibly excited by our customers’ response to the launch of the DolEx and Barri Visa Debit Card programs,” said Rosa Perez, director of marketing and digital at DolFinTech. “The seamless integration of the accounts into our existing mobile platform, combined with our employees’ enthusiasm in promoting it and strong customer adoption, reinforces our belief that we are bringing a truly unique offering to the market. This launch represents a significant step forward in our digital evolution and aligns with the broader transformation taking place across the industry. We are proud to support our customers as they embrace more innovative and convenient financial solutions.”

Designed to support the Hispanic community

DolFinTech provides non‑bank financial services tailored to the Hispanic community with more than 500 company stores, 5,000 retail agent locations and an expanding digital presence. The newly launched banking offering is designed to further reduce barriers to financial access and includes key differentiators such as:

  • Multilingual support in retail locations, allowing customers to transact in their preferred language
  • Acceptance of select forms of foreign government-issued identification, expanding access for customers often excluded from traditional banking institutions
  • In-person account opening and support, combined with digital account management capabilities

“This launch demonstrates the power of embedded finance at scale and delivers the convenience, flexibility and access our shared customers value,” said Jamison Jaworski, senior vice president and general manager, consumer division at Green Dot. “By leveraging our Arc platform, DolFinTech can deliver a modern banking experience that fits naturally into its existing customer journey, helping bridge gaps in traditional financial services for Hispanic and other underserved communities. We’re thrilled to continue growing our partnership with DolFinTech and innovating on behalf of these communities for years to come.”

About DolFinTech

Headquartered in Houston, Texas, DolFinTech is one of the largest privately held money transfer companies, serving outbound remittance markets in the U.S., Canada and Spain, with more than 20 destination countries. We proudly provide non-banking financial services tailored to the Hispanic community, with more than 500 company stores, 5,000 retail agent locations and an expanding digital presence. Our mission is to redefine financial services, offering accessible solutions that empower underserved communities and promote a better everyday life for our customers, employees and communities worldwide.

DolFinTech operates under its four trusted brands with over 100 years of combined experience – Barri, DolEx, Quisqueyana and Europhil – and offers a comprehensive range of services, including: money transfer, check cashing, bill payment, mobile reloads and money orders.

For more information, please visit www.dolfintech.com.

About Arc by Green Dot

Arc is the embedded finance platform featuring all of Green Dot’s secure banking and money processing capabilities designed to fuel value, loyalty and growth for consumers and businesses. Arc by Green Dot powers some of the world’s most trusted brands and thousands of other businesses with seamless, secure and useful financial tools and experiences.

Integrated with Green Dot Bank, Arc provides partners with leading FDIC-insured banking products and tools, plus regulatory and compliance expertise, oversight and support. The Arc platform is cloud-based, modular and scalable by design – configurable to meet a wide range of business needs and goals, and flexible to adapt as our partners grow. Arc’s end-to-end banking services are powered by enterprise-grade APIs and offer partners access to comprehensive customer support, fraud protection, the largest retail deposit and ATM network in the U.S., and much more. For more information, visit greendot.com/arc.

About Green Dot

Green Dot Corporation (NYSE: GDOT) is a financial technology platform and registered bank holding company that builds banking and payment solutions to create value, retain and reward customers, and accelerate growth for businesses of all sizes. ​For more than two decades, Green Dot has delivered financial tools and services that address the most pressing financial needs of consumers and businesses, and that transform the way people and businesses manage and move money.

Green Dot delivers a broad spectrum of financial products to consumers and businesses through its portfolio of brands, including: GO2bank, a leading digital and mobile bank account offering simple, secure and useful banking for Americans living paycheck to paycheck; the Green Dot Network (“GDN”) of more than 90,000 retail distribution and cash access locations nationwide; Arc by Green Dot, the single-source embedded finance platform combining all of Green Dot’s secure banking and money processing capabilities to power businesses at all stages of growth; rapid! wage and disbursements solutions, providing pay card and earned wage access services to more than 7,000 businesses and their employees; and Santa Barbara Tax Products Group (“SBTPG”), the company’s tax division, which processes more than 14 million tax refunds annually.

Founded in 1999, Green Dot has managed more than 80 million accounts to date both directly and through its partners. Green Dot Bank1 is a subsidiary of Green Dot Corporation and member of the FDIC. 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.

“This launch demonstrates the power of embedded finance at scale and delivers the convenience, flexibility and access our shared customers value,” said Jamison Jaworski, Green Dot.

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