Pangea and Green Dot Reimagine Mobile Banking for the Underbanked

May 10, 2019

By Shafiq Shariff, VP of Product

In our ongoing quest to deliver compelling and intuitive financial services to our customers, Pangea Money Transfer is joining forces with Green Dot, an established leader in FinTech and Banking-as-a-Service (BaaS). Together, we are crafting a mobile banking service tailor-made for Pangea’s remittance customers. Green Dot recognizes Pangea as a valued partner in reimagining the future of financial services for those traditionally overlooked by the financial system. This service will meet our customers where they are and offer a significant step toward financial independence.

Pangea will leverage Green Dot’s BaaS APIs to offer bank accounts tightly integrated into our highly-rated mobile apps, creating a banking experience that will allow customers to seamlessly manage their finances domestically and send money to their families back home.

Green Dot’s extensive cash load capabilities will also allow Pangea to introduce millions of under-banked remittance users to a new mobile banking platform. The Pangea account will feature the ability to load cash at over 100,000 Green Dot Network retail locations and withdraw cash through a free ATM network, all with no monthly fees or minimum balances.

We are excited to grow this partnership in service of our company mission: giving everyone the power to move money effortlessly, starting with those who need it the most.

This content is general in nature and does not provide legal, financial, accounting or tax advice.  In addition to a transfer fee, which may be waived, Pangea makes money from currency exchange rates. Always compare both transfer fees and exchange rates.  Pangea USA, LLC, all rights reserved. All other logos, trademarks, service marks and trade names referenced in this material are the property of their respective owners.

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