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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.
KOHO was founded in 2014 in Vancouver. [2] [3] In 2015, the project was launched, offering its services through their mobile app in beta. [4]The service's launch was announced for 2016 but was pushed back to 2017. [5]
1 Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A., Members FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are ...
The program was Visa's first prepaid card product and was launched in 2000. [1] Visa Buxx is not a credit card; instead, it debits a prepaid account, which enables parents to load the card's account online or over the phone and monitor spending, so parents can work with their teen to review their spending habits and avoid unexpected debt and interest charges.