The Inexperienced Dot Company (NYSE: GDOT) is an American financial experience and bank holding firm headquartered in Pasadena, CA. It is the world’s largest pay as you go debit card firm by market capitalization. Inexperienced Dot can be a funds platform agency and is the know-how platform utilized by Apple Pay Money, Uber, and Intuit. The company was based mostly in 1999 by Steve Streit as a prepaid debit card for teenagers to buy on-line. In 2001, the corporate pivoted to serving the “unbanked” and “underbanked” communities. In 2010, Inexperienced Dot Corporation went public with a valuation of $2 billion. Since its inception, Inexperienced Dot has acquired a amount companies inside the cell, monetary, and tax industries along with Loopt, AccountNow, AchieveCard, UniRush, and TPG.

However, as financial literacy improves, we would anticipate to see account balances continue to rise together with banking exercise. One measure of economic literacy is the rise throughout the common number of financial products in a family. Resulting from this fact, impression assessments must resolve, for instance, whether or not or not there may be an elevated off-absorb credit rating or life, accident, and health insurance insurance policies, or if there is a rise within … Read the rest