Credibly is partnering with Green Dot to expand its suite of small business financial products to include accessible, intuitive and useful business banking solutions. Powered by Green Dot's banking-as-a-service (BaaS) platform, C incredibly Business Banking®? will give small business owners a more seamless banking experience while addressing some of their greatest challenges with quick and easy account set up, improved cash flow management, and faster access to capital.

The U.S. continues to see a surge in new business ventures, with five million applications to start new businesses in 2022, up 42% from pre-pandemic levels in 2019, according to the Census Bureau. Yet more than three-quarters of small business owners say they are concerned about their ability to access capital, according to Goldman Sachs' 10,000 Small Businesses Voices initiative, which is no surprise given 70% of small business owners without a business bank account are rejected for loans. Green Dot and C incredibly are partnering to design business bank accounts with these challenges in mind, empowering them to more easily access the capital they need.

The new accounts will feature online mobile banking with full customer service support, quick account set up, no fees for eligible deposits, overdraft protection, and a nationwide ATM network to access their money from anywhere. Green Dot is well positioned to enable C incredibly to offer small business customers a quality business banking experience through its scalable and configurable BaaS platform, dedicated customer support team, and decades of experience building embedded finance offerings for some of the world's largest brands. The C incredibly Business Checking®?

offering is just one of multiple new product launches the company has on its roadmap. As C incredibly continues to grow its product suite, the company remains focused on further refining its data science capabilities to serve an even broader range of SMB customers throughout the credit spectrum, while maintaining its emphasis on risk management and a strong culture of compliance. Providing the tools and resources SMBs need has been C incredibly's mission since 2010 and the new business banking offering in particular will enable them to support small business owners who have been unable to receive lending without having an existing business bank account.