Extending the Pact to Disrupt Finance Industry like Never Before

There might be a lot that human beings can do well, but at the same time, there is little we do better than growing on a consistent basis. This tendency to improve under all possible circumstances has enabled us to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is largely predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look a little bit closer, it will become clear how the whole runner was also very much inspired by the way we applied those skills across a real-world setting. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. This revolution, in turn, will scale up the human experience from all conceivable directions, but even after achieving such a monumental feat, technology will somehow keep on bringing all the right goods to the table. The same has grown to become a lot more evident in recent times, and truth be told, a newly-solidified partnership should make that trend bigger and better moving forward.

Wealthfront, an industry-leading automated wealth management provider serving the next generation of investors, has officially extended its partnership with Green Dot Corporation to continue providing its Cash Account users with seamless checking features and money movement. To give you a bit of recap, the companies first partnered back in 2020 for delivering a range of checking account features that included  the ability to receive direct deposits up to two days early, pay bills, send and deposit checks, and easily access cash at a nationwide network of ATMs through a debit card. These features were, of course, an addition to Wealthfront’s existing services, which talked to some really attractive elements like requiring just $1 to get started, delivering a 3.80% APY, charging zero account fees, and offering unlimited free transfers. Apart from that, the company also offers automated saving features such as customizable cash categories and near-instant transfers into Wealthfront’s Investment Accounts, while giving users an access to upto $2 million in FDIC insurance through partner banks. Now, going by the extension of its partnership with Green Dot, these services are only expected to touch upon a broader and much smarter horizon in the near future.

“Today’s investors want smart saving and investing products that help them build wealth in all market conditions, which is why we’re proud to offer the Cash Account to help our clients earn more on their uninvested savings,” said Dave Myszewski, VP of Product at Wealthfront. “With one of the highest rates on the market plus checking features powered by Green Dot, we’re able to provide a best-in-class Cash Account that is far superior to what a traditional bank can offer, so our clients can grow their long-term wealth easily and conveniently.”

But what were the reasons that went into picking Green Dot in particular? Well founded in 1999, Green Dot has made a name for itself by solving some of the most pressing financial challenges. The company’s excellence in what it does is validated by the fact that it has, so far, powered more than 33 million accounts directly, a number that goes up higher when you consider the accounts it reached through its partners’ channel. Now, when you put that alongside Wealthfront’s consumer-centric services, you get what is, by all means, the perfect tool to disrupt the whole finance industry.