GREEN DOT CORPORATION


Associated tags: Green Dot Corporation, Collection, GDOT, Professional Services, Finance, Fintech, Banking, Software, Payments, Green Dot, NYSE

Locations: UNITED STATES, NORTH AMERICA, TEXAS, CHINA, CALIFORNIA

Green Dot Reports First Quarter 2024 Results

Retrieved on: 
Thursday, May 9, 2024

“We are off to a solid start in 2024,” said Jess Unruh, Chief Financial Officer of Green Dot.

Key Points: 
  • “We are off to a solid start in 2024,” said Jess Unruh, Chief Financial Officer of Green Dot.
  • Green Dot’s outlook is based on a number of assumptions that management believes are reasonable at the time of this earnings release.
  • Green Dot is reaffirming its guidance range for its full year adjusted EBITDA2 to be between $170 million and $180 million, or up approximately 2% year over year at the mid-point.
  • Green Dot is reaffirming its guidance range for its full year non-GAAP EPS2 to be between $1.45 and $1.59, or down 6% year over year at the mid-point.

Green Dot Appoints Renata Caine to Lead Banking as a Service

Retrieved on: 
Monday, April 15, 2024

Green Dot Corporation (NYSE: GDOT), a digital bank and fintech powering consumers and businesses with seamless banking and payment solutions, today announced the appointment of Renata Caine as General Manager of Banking as a Service (BaaS).

Key Points: 
  • Green Dot Corporation (NYSE: GDOT), a digital bank and fintech powering consumers and businesses with seamless banking and payment solutions, today announced the appointment of Renata Caine as General Manager of Banking as a Service (BaaS).
  • Caine will oversee the company’s BaaS business with a focus on building and supporting embedded finance that fuels retention, engagement and growth for Green Dot’s growing list of world-class BaaS partners.
  • View the full release here: https://www.businesswire.com/news/home/20240415872038/en/
    Renata Caine, GM, BaaS at Green Dot (Photo: Business Wire)
    “Renata is an impressive leader whose deep experience driving strategy and growth for global businesses will support our evolution as a market-leading single-source embedded finance platform,” said George Gresham, Chief Executive Officer, Green Dot Corporation.
  • For more information on Green Dot’s BaaS and embedded finance offerings, visit greendot.com/business-solutions .

Green Dot to Announce First Quarter 2024 Results on May 9th

Retrieved on: 
Thursday, April 11, 2024

Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss first quarter 2024 financial results on Thursday, May 9th, 2024 at 5:00 p.m.

Key Points: 
  • Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss first quarter 2024 financial results on Thursday, May 9th, 2024 at 5:00 p.m.
  • ET.
  • A press release with the company’s first quarter 2024 financial results will be issued after the market closes on the same day.
  • The live webcast of the call can be accessed from Green Dot’s investor relations website at http://ir.greendot.com/ .

Green Dot Appoints Robert Millard to its Board of Directors

Retrieved on: 
Tuesday, March 26, 2024

Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech that powers consumers and businesses with seamless and affordable banking and payment tools, today announced the appointment of Robert Millard to its Board of Directors, effective March 25, 2024.

Key Points: 
  • Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech that powers consumers and businesses with seamless and affordable banking and payment tools, today announced the appointment of Robert Millard to its Board of Directors, effective March 25, 2024.
  • Prior to CHG, Millard served as CFO at Earnest, a consumer lending financial technology company, and as CFO for GE Capital Bank.
  • “I am excited to be a part of Green Dot’s turnaround and transformation as a technology led platform company that delivers seamless banking and payment tools to a wide range of consumers and businesses,” Millard said.
  • “Green Dot has tremendous opportunity for market expansion and impact given its differentiators and assets, and I look forward to contributing to the organization’s long-term growth and success.”
    Mr. Millard has served on Green Dot Bank’s Board of Directors since 2017.

Neobanks and Other Fintechs Join Green Dot Network to Enable Cash Transactions for Customers

Retrieved on: 
Tuesday, March 12, 2024

Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech providing seamless banking and payments services to consumers and businesses, announced the addition of three fintechs to its growing list of Green Dot Network partners.

Key Points: 
  • Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech providing seamless banking and payments services to consumers and businesses, announced the addition of three fintechs to its growing list of Green Dot Network partners.
  • REPAY , FACEBANK and Pana are now able to offer accessible and affordable cash transactions and services to customers via Green Dot’s vast network of thousands of retail locations nationwide.
  • “As the demand for cash and cash transactions persists in the U.S., more companies are looking to power their customers with simple, accessible and affordable cash services,” said Crystal Bryant-Minter, SVP, Money Movement at Green Dot.
  • The Green Dot Network’s money movement capabilities also enable partners to offer their customers the ability to move funds digitally between bank accounts.

Green Dot Appoints Melissa Douros as Chief Product Officer

Retrieved on: 
Wednesday, March 6, 2024

Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech powering consumers and businesses with seamless banking and payment solutions, today announced the appointment of Melissa Douros as Chief Product Officer.

Key Points: 
  • Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech powering consumers and businesses with seamless banking and payment solutions, today announced the appointment of Melissa Douros as Chief Product Officer.
  • Douros will lead Green Dot’s product design and development team with a focus on building simple, seamless and useful tools for Green Dot’s customers and growing list of world-class banking-as-a-service (BaaS) and embedded finance partners.
  • “Melissa is a visionary product leader with deep experience in digital transformation strategy that will be instrumental in driving Green Dot forward as we continue building our platform to best serve the financial needs of businesses and consumers,” said George Gresham, Chief Executive Officer, Green Dot Corporation.
  • “The financial products and solutions Green Dot is building are shaping the way people interact with their money and elevate the financial experience for both businesses and consumers,” said Douros.

Green Dot Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024

Unencumbered cash at the holding company was approximately $55 million as of December 31, 2023.

Key Points: 
  • Unencumbered cash at the holding company was approximately $55 million as of December 31, 2023.
  • Green Dot has received a proposed consent order from the Federal Reserve Board relating principally to various aspects of compliance risk management, including consumer compliance and compliance with anti-money laundering regulations.
  • While Green Dot is still in discussions with the Federal Reserve Board regarding these proposals, it has accrued as part of its GAAP financial results an estimated liability of $20 million related to the proposed consent order during the quarter ended December 31, 2023.
  • Please refer to Green Dot’s latest Quarterly Report on Form 10-Q for a description of the key business metrics, as well as additional information regarding how Green Dot organizes its business by segment.

Green Dot Appoints Michael Meston as Chief Human Resources Officer

Retrieved on: 
Monday, February 26, 2024

Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech powering consumers and businesses with seamless banking and payment solutions, today announced the appointment of Michael Meston as Chief Human Resources Officer.

Key Points: 
  • Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech powering consumers and businesses with seamless banking and payment solutions, today announced the appointment of Michael Meston as Chief Human Resources Officer.
  • “Michael is a proven human resources leader with the right experience in organizational change and talent development to help lead Green Dot as we build a workforce committed to seamlessly connecting more people and businesses to their money,” said George Gresham, Chief Executive Officer, Green Dot Corporation.
  • Prior to Bruker Corporation, Meston held senior human resources roles at Dexcom, Western Digital and Intel across the United States and Asia.
  • “Green Dot is enabling a generational shift in how consumers and businesses are accessing and utilizing financial services, and I am excited to contribute to that vision,” said Meston.

Green Dot to Announce Fourth Quarter 2023 Results on February 27th

Retrieved on: 
Monday, January 29, 2024

Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss fourth quarter 2023 financial results on Tuesday, February 27th, 2024 at 5:00 p.m.

Key Points: 
  • Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss fourth quarter 2023 financial results on Tuesday, February 27th, 2024 at 5:00 p.m.
  • A press release with the company’s fourth quarter 2023 financial results will be issued after the market closes on the same day.
  • The live webcast of the call can be accessed from Green Dot’s investor relations website at http://ir.greendot.com/ .
  • A replay will be available at the same website following the call.

REPAY Partners with Green Dot to Expand Cash Bill Pay Innovations for Consumers and Businesses

Retrieved on: 
Thursday, December 14, 2023

Green Dot Corporation (NYSE: GDOT) today announced that Repay Holdings Corporation (“REPAY”), a leading provider of vertically integrated payment solutions, has joined its growing list of partners utilizing the Green Dot Network to expand bill payment options for REPAY’s clients spanning personal finance, auto finance, credit unions, mortgage and other industries.

Key Points: 
  • Green Dot Corporation (NYSE: GDOT) today announced that Repay Holdings Corporation (“REPAY”), a leading provider of vertically integrated payment solutions, has joined its growing list of partners utilizing the Green Dot Network to expand bill payment options for REPAY’s clients spanning personal finance, auto finance, credit unions, mortgage and other industries.
  • Powered by the expansive Green Dot Network, REPAY clients can now support their customers with eCash payment options at more than 45,000 retail locations across the United States.
  • “We’re proud to partner with REPAY to offer small businesses the functionality they need to expand financial access for their clients and customers.”
    For more than 20 years, Green Dot has expanded access to modern banking and payment tools for consumers and businesses.
  • The Green Dot Network of more than 90,000 retail locations throughout the U.S. offers cash-in and cash-out capabilities in stores including Walmart, Walgreens, 7-Eleven, CVS and more.