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Green Dot Takes On Mobile Banking With GoBank

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Monrovia, California-based Green Dot , the prepaid payment card provider, has launched itself into the mobile banking market today, unveiling its new GoBank bank account. The firm said it designed the new, mobile banking account "from scratch", specifically aimed at the new mobile generation. READ MORE>>.

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SiLC Technologies Sees $17M

socalTECH

Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The company is developing an imaging chip aimed at the machine vision market, used in such areas as mobility, industrial machine vision, robotics, augmented reality, and consumer applications.

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Walmart Launches GoBank With Green Dot

socalTECH

In a move which will not surprise anyone familiar with Monrovia, California-based Green Dot , the company''s mobile banking service, GoBank , has been launched by Walmart. GoBank has been available since June of last year, but has not had as big of a marketing partner as Walmart until now. READ MORE>>.

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Green Dot Buys GE Capital's Walmart Cards

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Monrovia, California-based prepaid card provider Green Dot has acquired the reloadable prepaid card business of GE Capital , which are marketed under the Walmart brand, the firm said today. The companies said they expect the deal to close in the second half of the year. Financial terms of the acquisition were not announced.

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Green Dot Acquires Loopt

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Monrovia, California-based Green Dot , the prepaid debit card provider headed by Steve Streit, said this morning that it has acquired Silicon Valley mobile social networking firm Loopt. in cash for Loopt, which will become its Silicon Valley hub for its mobile technology and product development team. READ MORE>>.

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Interview with Jonathan Cooper, ATMCASH

socalTECH

Ever since the huge success of Monrovia-based Green Dot in its IPO last year, netting a huge return for local angels, investors here have taken a second look at financial startups. We think ourselves as truly mobile, and our service and call centers operate in four languages. Customers can send money online or via their phone.

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