Green Dot Corporation is a provider of retail-based financial services. The company offers consumers financial products and services through retailer locations including Walmart, Walgreens, CVS/pharmacy, Rite Aid, Kmart, Kroger, 7-ELEVEN, Ralphs, Fred Meyer, Smiths and Radio Shack. Green Dot's products include Green Dot MasterCard and Visa branded prepaid debit cards and the Green Dot MoneyPak - a cash processing gateway that provides a way for consumers to load cash to prepaid cards, use cash to make purchases and pay bills, and add cash to a variety of accounts including PayPal. Green Dot is a leading prepaid financial services company providing simple, low-cost and convenient money management solutions to a broad base of U.S. consumers. They believe that they are the leading provider of general purpose reloadable prepaid debit cards in the United States and that their Green Dot Network is the leading prepaid reload network in the United States. They sell their cards and offer their reload services nationwide at approximately 50,000 retail store locations, which provide consumers convenient access to their products and services. Their technology platform, Green PlaNET, provides essential functionality, including point-of-sale connectivity and interoperability with Visa, MasterCard and other payment or funds transfer networks, and compliance and other capabilities to their Green Dot Network, enabling real-time transactions in a secure environment. The combination of their innovative products, broad retail distribution and proprietary technology creates powerful network effects, which they believe enhance the value they deliver to their customers, retail distributors and other participants in their network. They were an early pioneer in the development of general purpose reloadable prepaid debit cards, or GPR cards, and associated reload services, which collectively they refer to as prepaid financial services. GPR cards are designed for general spending purposes and can be used anywhere the cards' applicable payment network, such as Visa or MasterCard, is accepted, but, unlike gift cards, can be reloaded with additional funds for ongoing, long-term use. Their GPR cards are issued as Visa- or MasterCard-branded cards and are accepted worldwide by merchants and other businesses belonging to the applicable payment network, including for bill payments, online shopping, everyday store purchases and ATM withdrawals. They believe that they are the leading provider of GPR cards in the United States based on the 3.4 million active cards in their portfolio as of March 31, 2010, which they define as cards that have had a purchase, reload or ATM withdrawal transaction during the previous 90-day period. They have built strong distribution and marketing relationships with many significant retail chains, including Walmart, Walgreens, CVS, Rite Aid, 7-Eleven, Kroger, K-Mart, Meijer and Radio Shack. These retail chains provide consumers with convenient locations to purchase and reload their cards. In addition, any holder of a GPR card issued by a member of their reload network may reload that card at any one of those locations. Currently, there are over 100 third-party prepaid card programs that use their nationwide reload network to facilitate reloading by their cardholders. In 2009, they entered into an agreement with PayPal whereby its customers can add funds to any new or existing PayPal account through their reload network at all retail locations where they sell their products and services, but to date they have not generated significant operating revenues from their relationship with PayPal. In fiscal 2009, the gross dollar volume loaded to their GPR card and reload products was $4.7 billion, an increase of 67% over fiscal 2008. They have developed a business model with powerful network effects. Growth in the number of their product and service offerings or their network participants, which include consumers, retail distributors and businesses that accept reloads or payments through the Green Dot Network, enhances the value they deliver to all network participants. Their technology platform, Green PlaNET, enables network participants to communicate and complete transactions rapidly and securely through their reload network or third-party payment or funds transfer networks, and is a central component of their network-based business model.The staff at Green Dot come from unusually diverse demographic backgrounds. The company is 50.5% female and 56.2% ethnic minorities. Despite its diversity in other areas, Green Dot employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 77.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Green Dot has great employee retention with staff members usually staying with the company for 4.2 years.The average employee at Green Dot makes $113,101 per year, which is competitive for its industry and location. Some of its highest paying competitors, Credit Karma, CME Group, and Apollo Global Management, pay $154,184, $110,123, and $106,350, respectively.A large finance company with 1,200 employees and an annual revenue of $1.7B, Green Dot is headquartered in Pasadena, CA.
Green Dot's mission statement
Deliver trusted, best-in-class money management & payment solutions to our customers & partners, seamlessly connecting people to their money.
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The founders of Green Dot are Steven Streit and Benson Riseman.
The key people at Green Dot are Daniel R. Henry, Steven Streit and Benson Riseman.
Key people
Daniel R. Henry
Steven Streit
Benson Riseman
Green Dot rankings
Green Dot is ranked #67 on the Best Finance companies to work for in California list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
We calculated Green Dot’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Green Dot’s workforce.
Green Dot diversity summary. Zippia estimates Green Dot's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Green Dot's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Green Dot's workforce.
Green Dot has 1,200 employees.
51% of Green Dot employees are women, while 49% are men.
The most common ethnicity at Green Dot is White (44%).
25% of Green Dot employees are Hispanic or Latino.
18% of Green Dot employees are Asian.
The average employee at Green Dot makes $113,101 per year.
Green Dot employees are most likely to be members of the democratic party.
Employees at Green Dot stay with the company for 4.2 years on average.
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Green Dot financial performance
8.9
Performance score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.
Green Dot currently has 1.4B in revenue. Green Dot's most recent quarter produced 365.9m (q2'2023).
Green Dot annual revenue
$2B
$1B
$1B
$690M
$345M
$0
2019
2020
2021
2022
2023
2024
Highest paying Green Dot competitors
Compare Green Dot salaries to competitors, including Credit Karma, CME Group, and Apollo Global Management. Employees at Credit Karma earn the highest average yearly salary of $154,184. The salaries at CME Group average $110,123 per year, and the salaries at Apollo Global Management come in at $106,350 per year.
Rank
Company
Average salary
Jobs
1
$154,184
0
2
$110,123
0
3
$106,350
0
4
$103,933
0
5
$102,656
0
6
$97,713
0
7
$87,497
0
8
$84,412
0
9
$82,147
0
10
$78,130
0
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Zippia gives an in-depth look into the details of Green Dot, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Green Dot. The employee data is based on information from people who have self-reported their past or current employments at Green Dot. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Green Dot. The data presented on this page does not represent the view of Green Dot and its employees or that of Zippia.
Green Dot may also be known as or be related to GREEN DOT CORP, Green Dot and Green Dot Corporation.
