Did you know that there are over 80 Million people in the US who spend up to 10% of their earnings on fees and interest from payday lending, check cashing, bill payment, and overdraft fees?(1)
GoDo was founded to disrupt the status quo and help people escape the burden of living paycheck to paycheck. The GoDo platform, including the debit card(2) and GoDo app, eliminates minimum balance and overdraft fees, provides no-fee access to earned wages, and will soon introduce additional product offerings that are designed to reduce reliance on payday loans and help people actually get ahead.
We’ve partnered with cutting edge companies in the Fintech ecosystem to deliver the most flexible, streamlined, and empowering consumer experience available. We work with companies, member organizations, and nonprofits to provide their workers with instant access to the GoDo card and app, without payroll integration or a heavy lift from IT. Our investors are passionate about our mission and include Pivot North Capital, an early investor in Chime, and other social impact investors.
If you’re passionate about helping people escape the cycle of debt and get on a path to financial health, let’s connect!
(1) United States Postal Service Whitepaper “Providing Non-Bank Financial Services for the Underserved,” 2015.
(2) GoDo is a financial technology company, not a bank. GoDo Mastercard® Debit Card is issued by Sutton Bank member FDIC pursuant to license by Mastercard. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
