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May 6, 2024


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About the Company

The Green Dot Corporation is an American financial technology and bank holding company headquartered in Austin, Texas. It is the world's largest prepaid debit card company by market capitalization. Green Dot is also a payment platform company and is the technology platform used by Apple Cash, 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 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 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, including Sequoia Capital as an investor. In 2008, Green Dot ceased to offer prepaid Discover cards. 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 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.

Sector

Finance or Crypto Assets

Industry

Finance Services

Employees

1431

Exchange

NYSE

$2B

Total Revenue

1K

Employees

$485M

Market Capitalization

41.00

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $GDOT News

Green Dot (NYSE: GDOT)

4d ago, source: The Motley Fool

Green Dot Corp. is a financial technology and registered bank holding company. It engages in providing modern banking and money movement products that are accessible for all. It operates through ...

Green Dot Corp Class A

7d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Green Dot to Announce First Quarter 2024 Results on May 9th

27d ago, source: Stockhouse

Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss first quarter 2024 financial results on Thursday, May 9th, 2024 at 5:00 p.m. ET. A press release with the ...

Green Dot Appoints Renata Caine to Lead Banking as a Service

22d ago, source: Stockhouse

Green Dot Corporation (NYSE: GDOT), a digital bank and fintech powering consumers and businesses with seamless banking and payment solutions, today announced the appointment of Renata Caine as General ...

Green Dot (GDOT) Up 10.3% Since Last Earnings Report: Can It Continue?

1mon ago, source: Nasdaq

Green Dot Corporation reported mixed fourth-quarter 2023 results, with earnings missing the Zacks Consensus Estimate but revenues surpassing the same GDOT’s earnings per share (excluding 59 ...

Green Dot Corp. Cl A

11d ago, source: Wall Street Journal

1 Day GDOT 0.22% DJIA 0.40% Russell 2K 1.05% Financial Services 0.31% ...

Green Dot Corp Class A

22d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Green Dot Corp. Cl A

20d ago, source: Wall Street Journal

1 Day GDOT 0.49% DJIA -0.12% Russell 2K -0.99% Financial Services 0.37% ...

Green Dot Appoints Renata Caine to Lead Banking as a Service

22d ago, source: Yahoo Finance

AUSTIN, Texas, April 15, 2024--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT), a digital bank and fintech powering consumers and businesses with seamless banking and payment solutions ...

Green Dot to Announce First Quarter 2024 Results on May 9th

26d ago, source: ADVFN

Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss first quarter 2024 financial results on Thursday, May 9th, 2024 at 5:00 p.m. ET. A press release with ...

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