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Green Dot, fintech partner to Apple and Amazon, is still undervalued after stock doubled, CEO says

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Dan Henry, CEO of Green Dot

Source: Green Dot

Green Dot, a fintech player that’s often overlooked compared to bigger rivals PayPal and Square, has been on a tear lately, with its stock climbing 140% last year.

Still, the company’s shares have ample room to run as it launches a digital bank account for low and moderate income Americans and inks more partnership deals, according to CEO Dan Henry, hired in March to lead a turnaround of the firm.

Green Dot started two decades ago as a pioneer in prepaid debit cards, which allowed people without bank accounts or credit history to use plastic. After acquiring a small FDIC-backed bank, Green Dot became the de facto partner for tech giants including…



Source cnbc.com

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