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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.
Streit founded Green Dot Corporation in Pasadena, California. Green Dot provides MasterCard and Visa debit cards to consumers who could not otherwise get an account from a traditional bank. In 2002, Rite Aid became the first large retailer to sell Green Dot cards. By 2010, over 50,000 retail stores sold Green Dot products. [9]
Santa Barbara Tax Products Group was established in 2010 upon the sale of the Tax Products Business Unit of Santa Barbara Bank & Trust (SBBT), [2] and was acquired by Green Dot Corporation in 2014. [3] [4]
Like many customers of Green Dot Bank, Texas resident Sheldon Ransom first encountered the online banking company through TurboTax, in the form of a stimulus check.
Green Dot to Participate at Investor Conferences in March PASADENA, Calif.--(BUSINESS WIRE)-- Green Dot Corporation (NYS: GDOT) , a provider of widely distributed, low cost banking and payment ...
Its products and brands include Green Dot brand reloadable prepaid debit cards, The Green Dot Reload Network, the Green Dot MoneyPak and GoBank. The Company's prepaid products and services are ...
Wealthfront uses Green Dot Bank for its individual cash accounts' routing and account numbers, and for debit cards linked to individual cash accounts. [ 27 ] Fee structure
Green Dot banking group customers say they have gone days, and in some cases weeks, with holds on their accounts. Green Dot also operates under the name Go2Bank and furnishes deposit and debit ...