Neobank Appoints CFO To Join CARD's Seasoned Team of Executives from Green Dot, NextCard, GE Capital, RushCard and Providian
SAN RAMON, Calif., April 30, 2019 /PRNewswire/ -- CARD Corporation, the lifestyle mobile banking leader, announced it has formed a strategic partnership with payments industry pioneer Meta Financial Group, Inc (CASH) ("Meta") to further develop innovative payments solutions through best-in-class technologies.
"In the current economic climate, people are hungrier than ever for accessible and affordable financial services products," said Tim Coltrell, Chief Executive Officer of CARD. "Our partnership with Meta will help us improve the breadth, depth, and quality of our product to help support the growing interest we're seeing from consumers."
CARD also announced that financial services industry expert Dave Petrini will join the company's executive team as president and chief financial officer. Prior to joining CARD, Petrini served as general manager of Green Dot - Direct and CFO of AccountNow. Petrini joins CARD's team of seasoned financial services industry veterans, with more than 100 years of combined experience from Green Dot, NextCard, GE Capital, RushCard and Providian.
Petrini commented, "CARD has experienced tremendous growth through its lifestyle branded prepaid cards and is poised to become the most trusted source for providing financial products that meet the needs of a broad array of consumers." He continued, "I'm very impressed with CARD's existing team of talented industry veterans and the category-leading products that make us well positioned to take advantage of the considerable market opportunity in the financial services space."
In addition, CARD has enhanced its expertise by adding two financial industry veterans to its board. Meta Financial Group Chief Executive Officer Brad Hanson will join CARD's board of directors along with existing board member Dan Henry, former CEO at Netspend and Euronet. CARD's mission is to create financial products that meet everyone's financial needs. Today, CARD offers prepaid cards that support personalized images relevant to a consumer's interests, most notably the NFL Players Association (NFLPA), consumer brands, TV shows and animated artists and designers. The company plans to introduce additional financial services supporting the connection to consumers personalized interests later this year.
CARD.com is the leader in affinity branded prepaid cards. The company expertly crafts financial products that speak to the passions of consumers while providing a banking solution that fits seamlessly into today's mobile lifestyles. CARD offers 8,000 personalized card designs including Tom Brady, Alvin Kamara and Todd Gurley of the NFLPA and brands like Hallmark, Betty Boop, Star Trek, Care Bears, Sonic the Hedgehog and more. For more information visit www.card.com.
About Meta Financial Group, Inc.®
Meta Financial Group, Inc. ® (Nasdaq: CASH) is the holding company for the financial services company MetaBank® ("Meta"). Founded in 1954, Meta has grown to operate in several different financial sectors: payments, commercial finance, tax services, community banking and consumer lending. Meta works with high-value niche industries, strategic-growth companies and technology adopters to grow their businesses and build more profitable customer relationships. Meta tailors solutions for bank and non-bank businesses, and provides a focused collaborative approach. The organization is helping to shape the evolving financial services landscape by directly investing in innovation and complementary businesses that strategically expand its suite of services. Meta has a national presence and over 1,200 employees, with corporate headquarters in Sioux Falls, S.D. For more information, visit the Meta Financial Group website or LinkedIn.