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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. Financial terms of the acquisition were not announced. card prepaid financial acquisition merger gecapital walmart gdot green greendot'

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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 Green Dot filed for an IPO in February, and is backed by Sequoia Capital, TTP Fund, and the Tech Coast Angeles. and $35.00 READ MORE>>.

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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. Green Dot is venture backed by Sequoia Capital, TTP Fund, as well as a significant number of Tech Coast Angels. The firm's IPO is being undewritten by J.P.

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Green Dot Up 22.2 Percent In IPO

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Monrovia-based Green Dot , the provider of prepaid credit cards which hit the market today, closed up 22.2 The reception for Green Dot means that Steven Streit, Green Dot's CEO and founder, now owns a stake worth roughly $218M; Sequoia Capital, the firm's biggest investor, now has shares worth around $532M on the market. READ MORE>>.

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AeroVironment Gears Up For Fight With Activist Investor Group

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Monrovia-based AeroVironment released a response Wednesday to activist investor Engaged Capital , which has taken a 5 percent stake in the maker of unmanned aerial vehicles and electric charging stations. Engaged Capital is an investor based in Newport Beach. READ MORE>>.

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Green Dot Set To Debut This Week

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In what seems like almost weekly news now about a Southern California firm gearing up for the public markets, Monrovia-based Green Dot is expected to hit the markets sometime this week. Green Dot is backed by Sequoia Capital, TTP Fund, and the Tech Coast Angels. Tags: green merger acquisition. and $35.00 and $35.00 READ MORE>>.

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Eleven of Southern California's Firms In The Alternative Vehicle Market

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It's unclear if or how any of Southern California's crop of alternative vehicle firms will be able to capitalize on the interest in electric vehicles, however, it's clear that Silicon Valley does not have a monopoly on firms looking to address the emerging electric and alternative car market.