Treasury Prime Launches Prime Cash For Nationwide Cash Deposits

New solution, powered by Green Dot Network^®, lets fintechs accept cash at 90,000+ retail locations without a branch visit

SAN FRANCISCO--(BUSINESS WIRE)--Treasury Prime today announced the launch of Prime Cash (Powered by Green Dot Network^®), a solution that enables fintechs to let customers deposit cash at more than 90,000 retail locations nationwide, including Walmart, CVS, Walgreens and 7-Eleven, without requiring a branch visit.

While most fintech products depend on ACH, cards or bank transfers for funding, many customers still use cash as a primary financial tool. Without a simple way to convert cash into digital balances, fintechs risk excluding these customers and limiting growth.

Prime Cash enables customers to generate a unique, time-sensitive barcode within a fintech app in seconds, present it at participating retailers and deposit cash directly into their account. Funds are typically available within minutes, creating a seamless connection between physical cash and digital financial services.

“Financial access shouldn’t depend on whether a customer uses cash or digital rails,” said Chris Dean, CEO of Treasury Prime. “With Prime Cash, fintechs can meet customers where they are, unlocking new growth opportunities while expanding access to essential financial services. Our platform also ensures financial institutions retain visibility and governance over transactions as they scale.”

Prime Cash provides turnkey access to Green Dot’s nationwide retail network through a single API integration, with Treasury Prime managing network rules and compliance workflows on behalf of its fintech customers. The solution is available now through Treasury Prime bank partners that have enabled the Green Dot integration, significantly lowering the barrier to offering cash deposits, which have historically required complex infrastructure and partnerships.

Prime Cash highlights include:

• 90,000+ retail locations nationwide, including Walmart, CVS, Walgreens and 7-Eleven.
• In-app, time-sensitive barcode customers can generate in seconds and present at participating retailers.
• Cash deposits delivered directly into a customer account; funds typically available within minutes.
• Single API integration to access Green Dot’s retail network.
• Treasury Prime-managed network rules and compliance workflows.
• Available now through Treasury Prime bank partners that have enabled the Green Dot integration.

By embedding cash access directly into digital products, fintechs can expand their reach to underbanked and cash-reliant users, improve account funding experiences and drive greater customer engagement.

To learn more, visit www.treasuryprime.com/blog/prime-cash-announcement.

About Treasury Prime

Treasury Prime is building the future of finance. Through its cutting-edge embedded banking software, Treasury Prime facilitates seamless connections between banks and enterprise partners, equipping them with everything they need to launch innovative financial products with a strong commitment to responsible practices. Beyond its core banking offerings, which encompass accounts and payment infrastructure, Treasury Prime also provides a robust partner marketplace. This marketplace offers a wide range of auxiliary services tailored to meet the diverse needs of bank-fintech partnerships. Treasury Prime was named Best Banking-as-a-Service Platform in the Tearsheet Embedded Awards 2021 and 2022, and was named to CB Insights' annual 2021 Fintech 250 list.