Netspend

701 Brazos St, Austin, TX 78701-3258

Netspend offers prepaid debit cards to people who can’t or don’t want to deposit their money in a bank. The company offers pre-paid debit cards directly to consumers via the Internet or through major check cashers (such as ACE), convenience stores, and supermarkets. Clients can reload their cards for a fee at more than 100,000 locations. Netspend’s cards include features such as direct deposit, bill pay, savings accounts, and transfers. The company targets the more than 60 million underbanked consumers in the US and has more than 2 million active cards. Netspend was founded in 1999 by Rogelio and Bertrand Sosa, brothers who immigrated from Mexico in 1986. The company went public in October 2010 but was later bought by TSYS.

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3.7

Overall Excellence Rating

Industry

Financial Services

Category

Financial Transaction Processing

ESG/Ethical Impact

Netspend’s ESG impact stands as a comprehensive and impactful testament to its unwavering dedication to sustainability and responsible corporate citizenship. Through its multifaceted approach to environmental stewardship, social responsibility, and sound governance, Netspend not only contributes to a greener and more equitable world but also serves as an inspiring model for businesses seeking to integrate ESG principles into their core operations, setting a compelling precedent for a more responsible, sustainable, and prosperous future.

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Awards Received

2023

Revenues

$137,000,000.00

Website Traffic

Employee Rating

3.7

Customer Rating

3.7

Company Size

100-1000

ESG Risk Rating

3

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