Podcast #74

Steve Streit – Prepaid Power to the People

Steve Streit is credited (pun intended) as the inventor of the prepaid credit card. In the beginning, he figured Ivy League college kids would flock to his invention, but quickly realized that his target audience was far more vast; catering to both millenials and underserved communities alike. Fast forward to 2015, and Steve’s company, Green Dot Corporation has revolutionized banking through tens of millions of prepaid cards, a bank (Go Bank) with no brick and mortar facilities, and more atms than Chase and Bank of America combined. On Innovation Crush, Steve walks us through the bumps, bruises, and triumphs along his journey from radio personality & producer to the becoming the country’s leading financial revolutionary.