Green Dot is teaming up with a fintech firm to court millennials part of its growing list of partnerships that are contributing to its turnaround Under an agreement announced Wednesday Green Dot will offer white-label mobile banking products to Stash an upstart microinvesting firm Products will include checking accounts without overdrafts debit cards and personalized financial advice Stash which is based in New York has roughly 2 million customers The company mostly targets young customers allowing them to open investment accounts with as little as 5 Evolving strategy The partnership is an example of the versatility of Green Dots Banking as a Service platform which will enable Stash to turn their financial services ideas into real solutions to serve their customers Brett Narlinger chief revenue officer at the Pasadena Califbased Green Dot said in a press release The announcement shows how Green Dot is focusing on technology partnerships to boost profits Green Dot recently began providing branded prepaid debit cards to TurboTax customers through an arrangement with Intuit It also offers a mobile checking account called GoBank in partnership with Uber and other companies The partnerships provided a much-needed boost to Green Dots operating revenue in the fourth quarter it rose 31 from a year earlier to 213 million Moreover the company swung from a loss in the fourth quarter of 2016 to a 122 million profit in the fourth quarter of 2017 full-year 2017 profits more than doubled year over year to 859 million Under its latest agreement Green Dot will help the Stash target millennials who either do not have a bank account or who lack a primary relationship with a traditional retail bank Stash is committed to being a true partner and source of support for our clients and for those who have systemically been left behind Brandon Krieg CEO and founder of Stash said in the release