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MetaBank, now operating as Pathward, provides crucial financial infrastructure and services. Specializing in Banking-as-a-Service (BaaS), it enables partners to integrate payment systems and deliver financial products. Key offerings include prepaid card programs and a faster payments platform, facilitating efficient fund transfers for businesses and their end-users.
The institution began in 1954 when Stanley Haahr, a former high school principal, founded Storm Lake Savings and Loan in Storm Lake, Iowa. Haahr started with limited resources, aiming to establish local banking services. This foundational venture expanded, evolving into a comprehensive financial services provider.
Pathward serves businesses needing embedded financial tools and consumers benefiting from accessible payment solutions. Its vision centers on financial inclusion, empowering individuals and businesses by democratizing access to banking infrastructure and funds. This approach enhances financial well-being and operational efficiency for partners and communities.
Key people at MetaBank.
MetaBank was founded in 1954 by Stanley H. Haahr (Founder).
MetaBank has 1 tracked investment across 1 company. The latest tracked deal is $9.0M Series C in Payzer in November 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2018 | Payzer | $9.0M Series C | — | Grotech Ventures, NRV, Point Judith Capital, Razor's Edge Ventures, Brian O'kelley, Ferguson Ventures, IDEA Fund Partners, Route 66 Ventures |