Green Dot Files For IPO
socalTECH
FEBRUARY 26, 2010
Monrovia-based Green Dot , a provider of pre-paid VISA and Mastercard cards, has filed for an IPO, saying this morning that it is looking to raise up to $150M in an IPO on the NYSE. The firm reported net income of $37.16M on revenues of $234.8M The firm's IPO is being undewritten by J.P. Green Dot is headed by Steven Streit.
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