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Green Dot Sets Pricing Range

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Monrovia-based Green Dot , the provider of prepaid debit cards, has set pricing on its IPO, saying in a filing Friday that it estimates and initial public offering price of between $32.00 The firm is set to list on the NYSE as GDOT in the offering, which would net the firm around $154M at $35.00 and $35.00

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Green Dot Files For IPO

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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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Walmart Gets Stake In Green Dot

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Monrovia, California-based Green Dot , the provider of prepaid debit cards run by Steve Streit, reported in an updated S-1 filing with the SEC this week that it has issued 2,208,552 shares of its Class A stock to Walmart, as part of a renewed distribution deal with the retail giant signed in May. in net income it earned on $60.7M

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Interview with Jonathan Cooper, ATMCASH

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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.

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Catching Up With Mike Giardello, President of Innovate Pasadena

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There are clusters of companies in San Gabriel, clusters growing Glendale, there are companies in Monrovia, Orange County, and out to Santa Monica and Silicon Beach. We have Everbridge, which moved from Glendale to Pasadena, ADP and Green Dot who moved here from Monrovia. We've had substantial net growth over the last several years.

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