Green Dot Corporation
0J0N.L
London Stock Exchange13.19
USD
-0.20
- -
Green Dot Corporation
0J0N.L
(London Stock Exchange)
Recent
price
13.19
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Green Dot Corporation is a financial technology and bank holding company primarily engaged in providing a broad range of financial products and services including debit, checking, credit, prepaid, and employer payroll cards. It operates key brands and platforms such as GO2bank, a digital and mobile banking account targeting Americans with paycheck-to-paycheck financial lifestyles; the Green Dot Network (GDN), offering over 90,000 retail distribution and cash access points nationwide; Arc by Green Dot, a comprehensive embedded finance platform integrating banking and money processing capabilities for business clients; rapid! wage and disbursement solutions serving more than 7,000 businesses; and Barbara Tax Group, a tax refund processing service handling over 14 million refunds annually. The company’s banking services are provided through Green Dot Bank, which supports prominent clients like Apple Cash and Walmart Money Card, contributing significantly to the company's revenue. Green Dot was founded in 1999 and is headquartered in Pasadena, California, with operations across the United States. In late 2025, Green Dot announced major strategic transactions involving the sale and restructuring of its operations. Smith Ventures agreed to acquire Green Dot’s non-banking fintech assets for $690 million in cash, aiming to establish an independent and growth-focused embedded finance entity. Concurrently, CommerceOne Financial Corporation acquired Green Dot Bank and its associated assets, forming a new publicly traded bank holding company that will serve as the exclusive issuer for Green Dot’s fintech platform under a long-term commercial partnership. This transaction is expected to separate Green Dot’s banking and fintech businesses into two distinct entities to foster innovation, diversify revenue streams, and enhance growth prospects for both segments. Existing Green Dot shareholders will receive a combination of cash and shares in the new CommerceOne entity, which will combine CommerceOne’s and Green Dot Bank’s operations. These transactions are anticipated to conclude in the second quarter of 2026, following required regulatory and shareholder approvals. Green Dot’s industry focus spans financial technology, digital banking, embedded finance, and payment processing. It targets a diverse customer base including consumers reliant on digital banking solutions, employers seeking payroll services, and businesses requiring embedded finance platforms. The company maintains significant partnerships with major brands like Apple and Walmart, which generate substantial portions of its revenue. The strategic shift announced in 2025 reflects a move to streamline Green Dot’s fintech operations while leveraging CommerceOne’s banking infrastructure to solidify its position in the evolving financial services market. Prior regulatory challenges include a 2024 Federal Reserve fine related to consumer compliance programs, which Green Dot is addressing in light of the new structural changes. Overall, Green Dot Corporation remains a prominent player in the U.S. financial services sector offering prepaid and digital banking products, embedded finance solutions, and tax processing services, while navigating a major corporate restructuring to separate and strengthen its fintech and banking divisions. The company’s recent reorganization and strategic alliances set the foundation for future innovation and expansion within financial technology and banking services.