BANK TALK
Exploring the Finances of the Unbanked

Green Dot Signs with Dollar Tree

May 22nd, 2012

Green Dot announced a new exclusive distribution agreement with Dollar Tree this morning.

Green Dot is matching NetSpend in the dollar store market. On May 10th, NetSpend announced a similar contract with Family Dollar.

The cards will be offered in the 4,351 Dollar Tree stores in the United States.The cards are supposed to (more…)


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May 22nd, 2012 13:05:03

How Silicon Valley Thinks About Prepaid Cards

March 29th, 2012

This interview took place at Tech Crunch over the winter. It is an interesting window to the relationship between entrepreneurship and the story of building a business to serve the growing unbanked and underbanked population.

“This company serves a demographic that isn’t necessarily well-represented in this room,” (more…)


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March 29th, 2012 13:26:56

Green Dot Leaps into Mobile Social with Loopt

March 28th, 2012

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March 28th, 2012 17:20:26

Nice Quarter for Green Dot: Someone Tell Wall Street

January 06th, 2012

Hidden in its most recent 10-q, Green Dot reports that use of its cards and of its reload products surged.

Green Dot now has more than 5.5 million active general purpose re-loadable cards. (more…)


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January 06th, 2012 10:48:01

Fed Approves Green Dot Acquisition

November 29th, 2011

The Federal Reserve gave its approval to Green Dot’s acquisition of Bonneville Bancorp on Friday.

Green Dot will pay $15.7 million for Bonneville. The new entity will be renamed Green Dot Bank.

This is a significant event for Green Dot because it will allow them to capture more of the income (more…)


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November 29th, 2011 07:30:26