Green Dot Gets $20M

Monrovia-based Green Dot, a provider of prepaid debit cards, targeted at those who are unable to quality for credit, has quietly raised $20M in funding. The firm counts Sequoia Capital as an investor. GreenDot has also previously received angel funding from the Tech Coast Angels. The recent funding was disclosed in the quarterly PricewaterhouseCoopers/NVCA venture capital report. More information »