Green Dot history

The first debit card to be sold was I-GEN in the year 2000.

In 2001 the first I-GEN MasterCard was sold at a Rite Aid in Virginia.

In 2002 the first Green Dot debit cards were sold at more Rite Aid stores as well as CVS Pharmacy, and Pantry Convenience stores.

In 2003, the I-GEN card was sold in over 18,000 stores nationwide and geared toward adults.

In the year 2004, I-GEN officially changed its name to Green Dot and started the first cash-accepting network for reloading the debit cards.

By 2006, Green Dot Corporation had sold more than two million cards, with a growing international market.

On July 22, 2010, Green Dot Corporation went public and started trading on the New York Stock Exchange under the stock ticker: GDOT

In early 2012, Green Dot acquired the mobile location technology company, Loopt, for $43.4 million.

In 2013, with the acquisition of Loopt’s technology and workforce, Green Dot developed GoBank, the first bank account designed to be opened and used from a mobile device.

On September 24, 2014, Walmart announced it would be partnering with Green Dot Bank to begin offering Walmart customers checking accounts.

Green Dot continued its acquisition of competitive companies in 2015, that offered either a customer base or platform with its acquisition with its purchase of both the Account Now Inc., and Achieve Card.

In 2016 GoBank, became the platform that was used by Uber, the ride share company, as the principal payment processor of the company’s drivers.

On January 30, 2017, it was reported that UniRush LLC would be sold to Green Dot Corp. in a deal valued around $147 million.