GreenDot a big beneficiary of NetSpend IPO
The on-again, off-again NetSpend IPO is… on-again. And it looks like one of the big beneficiaries of NetSpend’s IPO will be one of NetSpend’s biggest competitors: GreenDot Corp.
In the last few weeks, much attention has been focused on the planned (and pulled) offering by NetSpend (to be traded on the NASDAQ as “NTSP”).
Last week, NetSpend’s largest bank partner, MetaBank, received some bad news from the US Government, as their iAdvance product was paused by the OTC.
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