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Green Dot Completes Loopt Buy

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Monrovia-based Green Dot , the provider of prepaid debit card products, reports today that it has completed its acquisition of Mountain View-based mobile social networking developer Loopt. Green Dot had announced the acquisition in March. The deal was worth approximately $43M in cash. READ MORE>>.

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Green Dot's Mashup Of Mobile Startup, Bank Powers GoBank

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How was Monrovia, California-based Green Dot able to quickly launch itself into the mobile banking category? Through two strategic acquisitions, one made in late 2011, and one made in early March of 2012. in assets, and with the acquisition in March of last year of mobile software developer Loopt. READ MORE>>.

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