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August 01, 2015 12:57 PM ET

Consumer Finance

Company Overview of Green Dot Corporation

Company Overview

Green Dot Corporation, together with its subsidiaries, operates as a pro-consumer technology bank holding company that provides personal banking for the masses. It offers reloadable prepaid debit cards and cash reload processing services in the United States, as well as mobile banking services with its GoBank mobile checking account. The company’s products include Green Dot MasterCards, Visa-branded prepaid debit cards, and various co-branded reloadable prepaid card programs; Visa-branded gift cards; and swipe reload and MoneyPak proprietary products, which enable cash loading and transfer services through Green Dot Network. Its Green Dot Network enables consumers to use cash to reload its p...

3465 East Foothill Boulevard

Pasadena, CA 91107

United States

Founded in 1999

857 Employees

Phone:

626-765-2000

Key Executives for Green Dot Corporation

Founder, Chairman, Chief Executive Officer and President
Age: 53
Total Annual Compensation: $580.6K
Chief Executive Officer of Green Dot Bank and President of Green Dot Bank
Age: 57
Total Annual Compensation: $313.8K
Chief Revenue Officer
Age: 42
Total Annual Compensation: $390.0K
General Counsel and Secretary
Age: 49
Total Annual Compensation: $362.5K
Compensation as of Fiscal Year 2014.

Green Dot Corporation Key Developments

Green Dot Announces Opening of Wholly-Owned Subsidiary in Shanghai, China

Green Dot Corporation announced the official opening of Green Dot Shanghai Software Technology Co. Ltd. 'Green Dot Shanghai' is a new wholly-owned subsidiary of Green Dot Corporation that is located in the Zhangjiang Hi Technology Park in the Pudong district of Shanghai. The 24,000 square foot facility will employ Shanghai’s finest technology leaders and engineers with the goal of further increasing Green Dot’s ability to quickly, expertly and efficiently bring cutting-edge technology solutions to Green Dot’s large-scale branchless banking platform in the United States. Green Dot’s presence in Shanghai, which is both a global financial hub and China’s biggest city, is part of Green Dot’s long-term strategy to invest in infrastructural excellence and efficiency as a competitive advantage and a way to achieve greater levels of productivity and margin expansion, leading to increasing shareholder value over time. Green Dot Shanghai is designed to integrate seamlessly into Green Dot’s multi-site domestic technology presence where technology facilities in Florida, northern and southern California and, now, Shanghai use a 'follow the sun' strategy to deliver high-scale, high-quality and efficient technology work product around the clock.

Green Dot Corporation Renews Debit Card Deal with Walmart

Green Dot Corporation announced that it has entered into a new, long-term agreement with Walmart, whereby Green Dot Corporation and Green Dot Bank will continue to serve as the program manager and issuing bank for the Walmart MoneyCard suite of prepaid reloadable debit card products. The initial term of this new agreement is for five years. The new term has an effective start date of May 1, 2015 and will replace the current agreement which would have otherwise expired at the end of this year.

Green Dot Corporation - Special Call

To discuss a new, long-term agreement with Walmart, whereby Green Dot Corporation and Green Dot Bank will continue to serve as the program manager and issuing bank for the Walmart MoneyCard suite of prepaid reloadable debit card products

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