Green Dot Corporation

Green Dot Corporation

Green Dot Corporation

Overview
Date Founded

1999

Headquarters

3465 East Foothill Boulevard,Pasadena, CA 91107

Type of Company

Public

Employees (Worldwide)

1,100

Industries

Consumer Finance
Trusts & Funds
IT Consulting & Services
Accounting & Financial Services
Retail & Commercial Banking
Holding Companies

Company Description

Green Dot Corp. operates as a financial technology leader and bank holding company. It engages in the provision of prepaid cards, debit cards, checking accounts, secured credit cards, payroll debit cards, consumer cash processing services, wage disbursements, and tax refund processing services. It operates through the following segments: Account Services; and Processing and Settlement Services. The Account Services segment offers deposit account programs that can be acquired through omni-channel distribution platform. The Processing and Settlement Services segment comprises products and services that all specialize in facilitating the movement of funds on behalf of consumers and businesses. The company was founded by Steven W. Streit in October 1, 1999 and is headquartered in Pasadena, CA.

Contact Data
Trying to get in touch with decision makers at Green Dot Corporation? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

President

Chief Financial Officer

Chief Operating Officer

General Counsel

Chief Accounting Officer

Chief Revenue Officer

Chief Human Resources Officer

Chief Executive Officer, Green DOT Bank

Chief Executive Officer, Green DOT Bank

Board of Directors

Attorney at Lawyers.com

Former Chief Executive Officer & Director at Siebel Systems, Inc.

Founder at Green Dot Corporation

Fund Advisor at Harvest Capital Strategies LLC

President at WIJ & Associates LLC

Paths to Green Dot Corporation
Potential Connections via
Relationship Science
You
Green Dot Corporation
Owners & Shareholders
Details Hidden

Coatue Management manages client accounts in accordance with a long/short investment strategy. They invest primarily in US and non-US publicly traded equity securities and equity-related securities, such as equity swaps and options. The firm also invests in US and non-US private companies for certain clients. Coatue Management concentrates largely on certain sectors, including the global technology, media, telecommunications, and some healthcare and consumer sectors, and may also focus on companies in the mobile internet, cloud computing, machine learning, mobile gaming, user-generated content and aspects of the sharing economy and Chinese internet sectors. Their investment approach is based on fundamental research. They invest long and also engage in short selling for certain strategies.

Details Hidden

Redwood Investments Redwood manages taxable and non-taxable equity investment portfolios, and serves as an investment advisor to a collective investment trust. The firm invests each client's portfolio in accordance with the client's risk and return profile, the client's investment guidelines, and measured against a relevant benchmark. Redwood's investment strategies invest in a range of small- to large-cap securities encompassing growth and value securities. Redwood does not offer wrap fee programs, mutual funds, REITS, or limited partnerships. They do not invest in real estate, hedge funds, private equity, venture capital, or other alternative investments.Redwood employs a fundamental, bottom-up stock selection process that integrates traditional fundamental analysis with proprietary quantitative screening tools. The firm focuses on companies that demonstrate strong fundamentals, attractive valuation, high quality, and a management team with a demonstrated track record of success. By combining qualitative analysis with systematic risk management tools, Redwood builds diversified equity portfolios appropriate to each client's objectives and risk return profile.Redwood manages US and International equity investment portfolios in the following primary strategies: Large-Cap Core, Large-Cap Core ESG/SRI, Large-Cap Growth, Small-Mid (SMID) Cap Growth, Small-Cap Growth, International Domestic Equity (formerly International Large Cap Equity), and ACWI ex-US.

Details Hidden

Elk Creek Partners specialize in making growth-oriented investments in publicly-traded stocks of small- and medium-sized companies. The firm offers investment advisory services for specific strategies, including Small-Cap Growth, Mid-Cap Growth and SMID-Cap Growth. Elk Creek Partners works with clients to establish investment objectives based on their unique circumstances. The key elements of the firm's investment approach are growth company identification, fundamental research, valuation analysis, and portfolio construction.The firm's Small-Cap Growth strategy is based on a fundamental, stock-by-stock approach. The portfolio is concentrated in stocks purchased with a market-cap generally of $500 million to $5 billion and with portfolio characteristics similar to the Russell 2000 Growth Index. They target companies with sustained growth and which have products and/or services that are market-share takers.Elk Creek's SMID-Cap Growth strategy is a direct extension of the Small-Cap strategy. The SMID Cap Growth strategy concentrates in stocks with a market-cap of $1 billion to $10 billion and with portfolio characteristics similar to the Russell 2500 Growth Index. The process implemented in the SMID-Cap strategy is the same as the Small-Cap strategy in both buying and selling individual stocks.The firm's Mid-Cap Growth strategy is a direct extension of the Small- and SMID-Cap Growth strategies. The Mid-Cap Growth strategy concentrates in stocks with a market-cap of $2 billion to $12 billion and with portfolio characteristics similar to the Russell Mid-Cap Growth Index. The process implemented in the Mid-Cap strategy is the same as the Small-Cap strategy in both buying and selling individual stocks. ^

Recent Transactions
Details Hidden

Green Dot Corporation purchases UniRush LLC from The Carlyle Group LP (Corporate Private Equity), Accel Partners LLC

Details Hidden

Green Dot Corporation purchases Achieve Financial Services LLC from Escalate Capital Partners

Details Hidden

Green Dot Corporation purchases Accountnow LLC from Trident Capital, Inc., INVESCO Private Capital, Inc., Oak Hill Venture Partners, Grayhawk Venture Partners LLC, Industry Ventures LLC, Granite Hill Capital Ventures LLC, Jasper Ridge Partners LP (Private Equity), Center For Financial Services Innovation (Ventures)

Insider Transactions
Details Hidden
Transaction Advisors
Escrow Agent

Advised onGreen Dot Corporation issued Class A Common Stock

Underwriter

Advised onGreen Dot Corporation issued Class A Common Stock

Investment Advisor

Advised onGreen Dot Corporation purchases Santa Barbara Tax Products Group LLC from Platform Partners LLC

Investment Advisor

Advised onGreen Dot Corporation purchases Santa Barbara Tax Products Group LLC from Platform Partners LLC

Legal Advisor

Advised onGreen Dot Corporation purchases Santa Barbara Tax Products Group LLC from Platform Partners LLC

Legal Advisor

Advised onGreen Dot Corporation purchases UniRush LLC from The Carlyle Group LP (Corporate Private Equity), Accel Partners LLC

Advisors & Consultants
Legal Advisor

Partner at Schulte Roth & Zabel LLP

Legal Advisor

Partner at Fenwick & West LLP

Legal Advisor

Partner at Proskauer Rose LLP

Clients

Seven & i Holdings Co., Ltd. engages in the planning, management, and operation of its group companies. It operates through the following segments: Domestic Convenience Store, Oversea Convenience Store, Superstore Operations, Department Store Operations, Financial Services, Specialty store, and Others. The Domestic Convenience Store segment operates directly managed and franchised stores under the name of 7-Eleven in Japan. The Oversea Convenience Store segment operates directly managed and franchised stores under the name of 7-Eleven in oversea. The Superstore Operations segment manages supermarkets and specialty shops. The Department Store Operations segment includes department store business, which mainly centers on Sogo and Seibu Co., Ltd. The Financial Services segment deals with bank, credit card, lease, and other businesses. The Specialty store segment engages in the retail business that provides distinctive products and services. The Others segment includes information technology business and other services. The company was founded on September 1, 2005 and is headquartered in Tokyo, Japan.

Intuit, Inc. engages in the provision of business and financial management solutions. It operates through the following segments: Small Business and Self-Employed; Consumer; and Strategic Partner. The Small Business and Self-Employed segment offers QuickBooks financial and business management online services and desktop software, payroll solutions, payment processing solutions, and financing for small businesses. The Consumer segment includes do-it-yourself and assisted TurboTax income tax preparation products and services. The Strategic Partner segment comprises professional tax offerings, which include Lacerte, ProSeries, ProFile, and ProConnect Tax Online among professional accountants. The company was founded by Scott D. Cook and Thomas A. Proulx in March 1983 and is headquartered in Mountain View, CA.

CVS Health Corp. engages in the provision of health care services. It operates trough the following segments: Pharmacy Services, Retail or Long Term Care, Health Care Benefits and Corporate. The Pharmacy Services segment offers pharmacy benefit management solutions. The Retail or Long Term Care segment includes selling of prescription drugs and assortment of general merchandise. The Health Care Benefits segment offers traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, medical management capabilities. The Corporate segment involves in providing management and administrative services. The company was founded by Stanley P. Goldstein and Ralph Hoagland in 1963 and is headquartered in Woonsocket, RI.

Key Stats and Financials As of 2018
Market Capitalization
$1.44B
Total Enterprise Value
$3.28B
Earnings Per Share
$2.18
Revenue
$1.04B
Net Profit
$119M
EBITDA
$182M
EBITDAMargin
17.49%
Total Debt
$60.4M
Total Equity
$910M
Enterprise Value Sales
3.15x
Enterprise Value EBITDAOperating
17.99x
TEVNet Income
27.61x
Debt TEV
0.02x
Three Year Compounded Annual Growth Rate Of Revenue
14.46%
Five Year Compounded Annual Growth Rate Of Revenue
12.68%
Investors
Details Hidden

GE Equity focuses on investments in companies, technologies and distribution channels that could further the strategic interests of various GE businesses. The firm invests in growth companies, buyouts and special situations. They typically invest as a minority partner with management, private equity sponsors and other professional investors.GE Equity's investment strategy is to support the strong management teams of companies operating in a variety of growth sectors. The firm is particularly interested in investment opportunities in the following areas: (1) aviation (2) clean technology (3) energy (4) healthcare (5) healthcare information technology (6) medical technology (7) pharmaceuticals (8) oil & gas (9) satellites (10) security (11) transportation and (12) water.GE Equity participates in a variety of transactions including: (1) growth capital financings (2) co-investments in sponsor-led transactions (3) equity tag-along investments in GE-agented debt facilities and (4) limited partnership positions in private equity funds.

Details Hidden

TTV Capital (TTV) focuses on investments in early-to-late stage privately-held companies in the financial services industry and in information technology-driven companies with products that serve the financial services industry. The firm is particularly interested in companies involved in: (1) financial services (2) software and infrastructure solutions (3) payment technology/ e-Commerce enablers (4) authentication/security (5) cash and asset management and (6) investment technology. They look for companies that develop technologies with unique business propositions and exceptional growth opportunities. TTV provides equity financing to companies with technology solutions that enable financial institutions to operate more efficiently, grow their revenue bases and expand their product offerings. Companies should have experienced management teams, sustainable business models, strong customer traction and a fully developed product with limited technology risk. In addition, companies should have products or services that meet recognized needs in large and expanding markets.

Details Hidden

Berkus Technology Ventures manages several angel investment funds which make seed and venture investments in Internet and software businesses in Southern California. The firm looks for companies that demonstrate the opportunity to become a dominant player within a vertical market, or in the Internet, communications or multimedia niches

Suppliers
Blackhawk Network Holdings, Inc. Holding Companies | PLEASANTON , CA

Blackhawk Network Holdings, Inc. provides prepaid and payment networks services. It enables selling and buying of print and process gift cards online and distributes through retail networks. The company was founded in 2001 and is headquartered in Pleasanton, CA.

Visa, Inc. Consumer Finance | Foster City, CA

Visa, Inc. engages in the provision of payment services. It also facilitates global commerce through the transfer of value and information among global network of consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It offers debit card, credit card, prepaid products, commercial payment solutions, and global ATM. The company was founded by Dee Hock in 1970 and is headquartered in San Francisco, CA.

MasterCard, Inc. Consumer Finance | Purchase, New York

MasterCard is a technology company and payments industry leader. For more than four decades, we have been a driving force at the heart of commerce, making the global economy safer, more efficient, more inclusive and more transparent for all. Consumers, merchants, business partners and governments in markets around the world have reaped the benefits of our innovative products and solutions which, simply put, are designed to make life easier

Competitors
Republic Bancorp, Inc. (Kentucky) Retail & Commercial Banking - LOUISVILLE, KY

Republic Bancorp, Inc. operates as a financial holding company for Republic Bank & Trust Co. and Republic Insurance Services, Inc. Through its subsidiaries, it offers residential mortgage loans, home equity loans and lines, commercial real estate loans, C&I loans, business loans and lines of credit, equipment leasing consumer loans, and warehouse lines of credit. It operates through the following business segments: Traditional Banking, Warehouse Lending, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. The Traditional Banking segment offers MemoryBank, provate banking, treasury management services, internet banking, other banking services, and bank acquisitions. The Warehouse Lending segment provides short-term revolving credit facilities to mortgage bankers. The Mortgage Banking sells 15-, 20- and 30-year fixed-term single family, first lien residential real estate loans. The Tax Refund Solutions segment facilitates the receipt and payment of federal and state tax refund products and offers a credit product through third-party tax preparers located throughout the United States. The Republic Credit Solutions segment issues bank offering general-purpose-reloadable prepaid cards through third-party service providers. The company was founded by Bernard M. Trager in 1974 and is headquartered in Louisville, KY.

H&R Block, Inc. Accounting & Financial Services - Kansas City, Missouri

H&R Block, Inc. engages in the provision of tax preparation and other services. It offers assisted and do-it-yourself tax return preparation solutions through multiple channels and distribute the H&R block-branded financial products and services, including those of its financial partners, to the general public primarily in the United States, Canada, and Australia. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955 and is headquartered in Kansas City, MO.

Jackson Hewitt Tax Service, Inc. Accounting & Financial Services - Jersey City, NJ

Jackson Hewitt Tax Service, Inc. provides professional tax preparation services. It operates through two segments: Franchise Operations and Company-owned Office Operations. The Franchise Operations segment consists of the operations of the company's franchise business, including royalty and marketing and advertising revenues, financial product fees and other revenues. The Company-owned Office Operations segment consists of the operations of the company-owned offices for which the company recognizes service revenues primarily for the preparation of tax returns. The company was founded in 1992 and is headquartered in Sarasota, FL.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Green Dot Corporation. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Green Dot Corporation's profile does not indicate a business or promotional relationship of any kind between RelSci and Green Dot Corporation.