The Green Dot Corporation is an American financial technology and bank holding company headquartered in Austin, Texas.[1] It is the world's largest prepaid debit card company[2] by market capitalization. Green Dot is also a payment platform company and is the technology platform used by Apple Cash,[3] Uber, and Intuit. The company was founded in 1999 by Steve Streit as a prepaid debit card for teenagers to shop online. In 2001, the company pivoted to serving the "unbanked" and "underbanked" communities. In 2010, Green Dot Corporation went public[4] with a valuation of $2 billion. Since its inception, Green Dot has acquired a number of companies in the mobile, financial, and tax industries including Loopt, AccountNow, AchieveCard, UniRush Financial Services, and Santa Barbara Tax Products Group.
Green Dot Corporation is an issuer of prepaid MasterCard and Visa cards in the United States. These products are available at nearly 100,000 retail stores[5] including CVS, Rite Aid, Walgreens, Dollar Tree; as well as discounted offerings at Meijer and Walmart. Green Dot also transfers individuals' direct deposit funds (such as Social Security payments) from the US government to personal bank accounts. They also provide co-branded card programs to Walmart, Boost Mobile, AT&T and Citibank. In 2007, Green Dot raised $20 million in funding,[6] including Sequoia Capital as an investor. In 2008, Green Dot ceased to offer prepaid Discover cards.[7] On July 30, 2019, Green Dot launched the Unlimited Cash Back Bank Account, offering 3% cash back as well as a savings account offering 3% interest[8] known as the Unlimited cashback account.
The cards are normal debit cards, and not a line of credit. Purchases are deducted from the balance stored on the card. The user can add more money to the card by paying cash at a retail store's point of sale, or in certain cases from their paycheck.
^ abSon, Hugh (May 7, 2021). "Green Dot joins corporate exodus from California as fintech firm moves to Austin". CNBC.
^Surane, Jennifer (February 12, 2018). "Author". Bloomberg. Bloomberg News. Retrieved February 14, 2018.
^Surane, Jennifer (February 12, 2018). "The Inventor of Prepaid Debit Cards Is Going Mobile". Bloomberg. Retrieved February 14, 2018.
^Arington, Michael (September 28, 2010). "Green Dot: The $2 Billion IPO You've Never Heard Of". TechCrunch. Retrieved September 28, 2010.
^White, Ronald. "Green Dot is targeting the 'unhappily banked' for its prepaid cards". Los Angeles Times. Retrieved February 22, 2015.
The GreenDotCorporation is an American financial technology and bank holding company headquartered in Austin, Texas. It is the world's largest prepaid...
based in San Diego, California and operates as a subsidiary of GreenDotCorporation. Santa Barbara Tax Products Group was established in 2010 upon the...
North Miami, Florida) is an American businessman known for founding GreenDotCorporation. He is also the founder and lead partner of SWS Venture Capital...
of Sequoia Capital. In March 2012 Loopt agreed to be acquired by GreenDotCorporation for $43.4 million in cash, with $9.8 million of that to be set aside...
gain traction with enough users, the company was acquired by the GreenDotCorporation for $43.4 million. The following month, Altman co-founded Hydrazine...
The Governor and Company of the Bank of Ireland, Dublin, Ireland GreenDotCorporation, Monrovia, California Heirs Holdings, Lagos, Nigeria Horizon Bancorp...
to simply as debit. The largest pre-paid debit card company is GreenDotCorporation, by market capitalization. The same interbank networks that operate...
quantum dot display is a display device that uses quantum dots (QD), semiconductor nanocrystals which can produce pure monochromatic red, green, and blue...
like blue and green. However, the specific colors vary depending on the exact composition of the QD. Potential applications of quantum dots include single-electron...
Society of Japan (IPSJ) in 2013. In 1970 Digital Equipment Corporation (DEC) introduced an impact dot matrix printer, the LA30, as did Centronics (then of Hudson...
Other substitutes consisted of Steve Streit, the current CEO of GreenDotCorporation; former Access Hollywood co-anchor Pat O'Brien; voiceover artist...
Hybe Co., Ltd. (Korean: 하이브, stylized as HYBE Corporation) is a South Korean multinational entertainment company established in 2005 by Bang Si-hyuk as...
create pink, or an interleaved pattern of cyan and yellow dots might be used to produce a medium green. The technique has been widely used in color comic books...
A red dot sight is a common classification for a non-magnifying reflector (or reflex) sight that provides an illuminated red dot to the user as a point...
orange for ±100, yellow for −20 to +100 ppm/°C, and green for 0 to +70 ppm/°C. A similar six-dot code by EIA had the top row as first, second and third...
and the John Green effect". The Daily Dot. Retrieved June 22, 2015. Greco, Patti (May 29, 2014). "'Fault In Our Stars' Author John Green Has a 'Badass...
media at a level unseen by Toronto's other hip hop-based nicknames like T-dot. The adoption of the nickname by some media outlets has been named as a contributing...
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$1.25 billion(2020)