Logan W Lillehaug's questions to Green Dot Corp (GDOT) leadership • Q2 2025
Question
Logan Lillehaug, on for George Sutton, asked for more detail on the strategic shift toward Earned Wage Access (EWA) and questioned what factors enabled the competitive takeaway of the Credit Sesame partnership.
Answer
CRO & Interim President Chris Ruppel explained the EWA strategy involves shifting from a territory-based payroll card sales model to a direct sales force focused on EWA, supported by new marketing efforts. For the Credit Sesame win, Mr. Ruppel credited the robustness of the ARC platform and its ability to tailor solutions. Chairman & Interim CEO William Jacobs added that the company's ability to onboard seven new partners in 2025, versus one in each of the prior two years, demonstrates the organization's enhanced competitive strength.