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Green Dot Buying AccountNow and Achieve Card, Solidifies Its Lead Position

By Ben Jackson
February 25, 2015
in Analysts Coverage
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Bitcoin icon. Internet button on white background.

Bitcoin icon. Internet button on white background.

In a footnote to an investor presentation slide, Green Dot Corp. seems to have announced some big news.

On slide 14, of its “Today’s Green Dot” presentation, the company says it expects to pick up $78 million in Non-GAAP operating revenue from acquired programs in 2014-2105. Its note says “estimated revenue growth from AccountNow and Achieve Card Acquisitions.” A similar note is found on slide 15 regarding adjusted EBITDA.

The presentation can be found here: http://ir.greendot.com/phoenix.zhtml?c=235286&p=irol-irhome

Ben Jackson, Director, Prepaid Advisory Service, Mercator Advisory Group

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