Green Dot (NYSE:GDOT) is a financial technology company founded in 1999 by Steve Streit and headquartered in Austin, Texas. Originally known for its pioneering prepaid debit card, Green Dot has evolved into a diversified digital banking platform serving consumers, small businesses and fintech partners. The company operates as a chartered industrial bank, leveraging its banking license to offer deposit, payment and money movement services.
Green Dot’s core business revolves around prepaid card issuance and processing, along with consumer banking solutions accessible via a mobile app and website. Its products include reloadable prepaid debit cards, checking and savings accounts, bill pay functionality and mobile check deposit. The company maintains a widespread retail distribution network, enabling customers to purchase or reload their cards at more than 90,000 retail locations across the United States, including national pharmacy and grocery chains.
In addition to serving individual consumers, Green Dot provides banking-as-a-service (BaaS) capabilities to leading brands and fintech firms. Through a suite of APIs and white-label solutions, the company powers programs such as Uber Cash and Apple Cash, and supports digital banking offerings for partner organizations. This platform approach allows clients to integrate deposit accounts, debit cards and money movement into their own customer experiences while Green Dot handles regulatory compliance, card processing and fraud prevention.
Green Dot’s operations are primarily focused on the U.S. market, where it continues to expand its digital banking footprint and partnership ecosystem. Under the leadership of President and CEO Dan Henry, the company has sharpened its emphasis on scalable technology solutions, seamless customer onboarding and data-driven product enhancements. Green Dot’s shares trade on the New York Stock Exchange under the ticker GDOT.
