Green Dot Corporation
Latest round
- Series D
Last raised
- Dec 2006
Total raised
- $20M
Investors
- 4
About Green Dot Corporation
6 million.Green Dot Corporation specializes in providing innovative banking solutions, primarily through its core offerings of mobile bank accounts and debit cards. The company’s flagship products include the Green Dot Unlimited Banking account and the GO2bank account, designed to meet the needs of consumers seeking accessible and user-friendly banking options. These accounts facilitate services such as early direct deposit, which allows users to access their paychecks up to two days early, and a high-yield savings account that offers competitive interest rates on deposits. Green Dot's products are particularly aimed at individuals who prefer digital banking solutions, including those with limited access to traditional banking services.Green Dot generates revenue primarily through transaction fees, account management fees, and interest income from its banking products.05 mn. The company's revenue structure is supported by a direct-to-consumer model, wherein customers pay monthly service fees based on their chosen account plans. For instance, the Green Dot Unlimited account features a fee structure that can be waived through qualifying direct deposits, facilitating consumer engagement and retention. Additionally, the company implements a transaction model where customers may incur fees for cash withdrawals beyond a certain limit or for specific banking services, such as check cashing through its partnership with Ingo Money.Green Dot Corporation aims to expand its product offerings with new banking solutions designed to cater to diverse consumer needs. The company plans to enter additional markets beyond the United States and Puerto Rico, although specific regions are yet to be disclosed.6 million, will support these initiatives and bolster the company's growth strategy.
Who invested in Green Dot Corporation
4 investors across 2 rounds
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Questions about Green Dot Corporation
Who invested in Green Dot Corporation?
Green Dot Corporation has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Green Dot Corporation raised?
Green Dot Corporation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Green Dot Corporation last raise money?
Green Dot Corporation's most recent round on record is a Series D, in Dec 2006.
What does Green Dot Corporation do?
Green Dot Corporation is a financial services company.
Where is Green Dot Corporation headquartered?
Green Dot Corporation is headquartered in Pasadena, US.
Which VCs invest in companies like Green Dot Corporation?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Green Dot Corporation's stage. Their profiles are linked below.
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