Post Tagged with: "GoBank"

Green Dot Focuses on Payment Processing, Sees Opportunity in Realtime

Green Dot Focuses on Payment Processing, Sees Opportunity in Realtime

by November 30, 2016 at 12:44 pm 0 comments

Green Dot is what many fintech companies wish to grow up into. At least according to their CEO Steven Streit. The bank has the technology and the banking background, which many fintechs are missing these days. It also owns a real live bank. The next sector this “fintech dream” willRead More

Green Dot Wants to Be the Bank for On-Demand Workers

Green Dot Wants to Be the Bank for On-Demand Workers

by November 10, 2016 at 12:12 pm 0 comments

Green Dot Corporation is best known for its prepaid cards, but its growth opportunities are coming from faster payments and the on-demand or gig economy, its CEO said yesterday. CEO Steve Streit, who has had an exciting year, said in the company’s earnings call yesterday that Green Dot’s success with UberRead More

Green Dot Launches Secured Credit Card

Green Dot Launches Secured Credit Card

by September 29, 2016 at 4:41 pm 1 comment

Today it was announced that Green Dot, a leader in the prepaid space, is launching the Green Dot Platinum Visa Secured Credit Card—a credit card designed specifically to help those without credit build it, or those with low credit scores, build them up. The company floated news of this cardRead More

Y Combinator Brings the Fintech In Day 2

Y Combinator Brings the Fintech In Day 2

by August 24, 2016 at 11:32 am 2 comments

Y Combinator President Sam Altman knows fintech — he helped Green Dot build GoBank, after all. So when only two fintech startups made it to the stage yesterday at Day 1 of its Summer Demo Day(s) 2016, we took notice. But today 10 of the 48 demoing companies are fintech-focused,Read More

Uber, Green Dot & MasterCard Expand Instant Pay to Most U.S. Debit Cards

Uber, Green Dot & MasterCard Expand Instant Pay to Most U.S. Debit Cards

by August 16, 2016 at 4:42 pm 2 comments

Uber announced today that the Instant Pay option for its drivers has been  extended to nearly all U.S. debit cards, with the help of MasterCard Send and Green Dot, the operator of the mobile-first bank GoBank. “The expansion offers frictionless, elegant service to Uber, which is the poster child for the on-demand market,” said GreenRead More

GoBank for Uber Revs Up

GoBank for Uber Revs Up

by August 5, 2016 at 10:35 am 0 comments

GoBank launched an account for the “gig economy” in March, and its first test case was the rideshare giant Uber. Yesterday, for the first time, Green Dot, which owns and operates GoBank, revealed some usage numbers on the accounts. The program is used by 80 thousand drivers, Green Dot CEO Steve StreitRead More

Green Dot Expands Uber Venture for Instant Pay to Drivers

Green Dot Expands Uber Venture for Instant Pay to Drivers

by May 5, 2016 at 2:17 pm 1 comment

Prepaid card issuer Green Dot, which announced a partnership with Uber to provide bank accounts to drivers last March, announced an addition to its Instant Pay functionality yesterday. Green Dot sells its own brand of prepaid cards and provides the backend for the Walmart Moneycard. But it is also a bank, and offers full-featuredRead More

Agile Development Has Banks Failing Fast (in a Good Way)

Agile Development Has Banks Failing Fast (in a Good Way)

by March 3, 2016 at 12:31 pm 3 comments

“Fail fast, fail cheap.” The words were spoken at Bank Innovation 2016 by Marley Gray, director of strategy for cloud and enterprise blockchain at Microsoft, but he was echoing a theme that reverberated throughout the entire conference. In other words, when JPMorgan’s Jamie Dimon said “Silicon Valley is coming,” heRead More

GoBank Platform Now Powers All Green Dot Products

GoBank Platform Now Powers All Green Dot Products

by February 25, 2016 at 6:16 pm 1 comment

GoBank … that’s that mobile bank account from Green Dot, right? The unprofitable offspring of the industry-leading prepaid card? Turns out it’s much more than that. The technology running GoBank, partially inherited from the Sam Altman-led startup Loopt, acquired by Green Dot in 2012, now underlies the entire Green DotRead More

Green Dot CEO Streit to Chat Fireside at Bank Innovation 2016

Green Dot CEO Streit to Chat Fireside at Bank Innovation 2016

by December 15, 2015 at 12:29 pm 0 comments

Steve Streit, CEO of prepaid card issuer Green Dot Corp., will participate in a fireside chat at Bank Innovation 2016 on March 1 in Seattle. Green Dot issued its first prepaid cards in 2000, and went public in 2010. In 2011, the FDIC approved Green Dot’s $15-million purchase of Bonneville Bancorp, a single-branch bank in Utah.