Mobile Monrovia Product Social Network 
socalTECH
APRIL 4, 2012
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. The deal was worth approximately $43M in cash. Green Dot had announced the acquisition in March.
socalTECH
MARCH 9, 2012
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.
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