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Green Dot Expands Prepaid Card Portfolio

Green Dot, the fourth largest issuer of prepaid cards in the U.S., will pay $141 million to acquire UniRush, a general purpose reloadable Visa prepaid card program manager and Visa payroll card program manager. UniRush will earn another minimum of $4 million annually in earn-out payments for five years. Earn-outs could be higher for any year in which revenue targets are achieved. At closing, UniRush will be debt-free and cash-free with the exception of working capital. The acquisition is expected to close this quarter. UniRush moved its cardholder account processing to Mastercard Payment Tr...

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March 2017
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Charts in this Issue

Top Issuers of U.S. General Purpose Credit Cards 2016

Prepaid Cards Investments and Acquisitions 2016

Top U.S. Issuers – Purchase Volume and Outstandings

Shares of Purchase Volume for U.S. Credit Card Issuers 2016

Top U.S. Credit Card Issuers: Cards, Total Volume, and Transactions

50 Largest Visa & Mastercard Credit Card Issuers in the United States 2016 – Ranked by Outstandings