Pre-Paid Debit Card Company Acquires Location-Based Offer Provider

  • March 13, 2012

March 13, 2012 – Green Dot, a provider of pre-paid debit cards, announced the acquisition of social-mapping application technology provider, Loopt, for $43.4 million.  According to the company’s website, Loopt’s social-mapping service enables users to input their location to receive location-based offers and to locate other Loopt users.


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