Green Dot Corp - Company Profile
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Business Description
Green Dot Corp (Green Dot) is a provider of a wide range of financial solutions that include reloadable prepaid debit cards, cash reload processing, wage disbursement services, and mobile banking in the US. It primarily operates in the financial services industry, offering products and services that facilitate banking and money movement for the consumers and businesses.
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Business Segments
Overview
Includes revenues and expenses from partnerships with consumer and technology companies through the Banking-as-a-Service (BaaS) channel and a payroll platform for corporate enterprises via the Employer channel. Offers deposit account programs, such as consumer and small business checking accounts and prepaid cards, and disbursements services utilized by partners. It serves industries needing banking integration and payroll solutions.
Performance
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Overview
Includes revenues and expenses from deposit account programs such as consumer checking accounts, prepaid cards, secured credit cards, and gift cards. These are offered through retail distribution and direct marketing channels, such as direct mail campaigns, online search engine optimization, online displays, affiliate referral programs and mobile advertising.
Performance
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Overview
Specializes in facilitating cash movement for consumers and businesses, such as money processing services and tax refund processing services. Its cash deposit and disbursements are marketed to third-party banks, program managers, and other companies seeking cash deposit and disbursement capabilities for their customers.
Performance
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Overview
Includes net interest income earned by its bank and eliminations.
Performance
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