About NetSpend
NetSpend is a Financial Services company based in Austin (United States) founded in 1999, and was acquired by Rev Worldwide in August 2022. Prepaid Visa and MasterCard debit cards are processed and marketed. Its chief executive, as recorded, is Kelley Knutson. Its website netspend.com draws about 2.3 million monthly visits. Its focus areas include FinTech, Payments, Consumer Payments and Payment Cards. Its legal entity is NetSpend Corporation. Its competitors include Super, Fold and Blackhawk Network; 3 of its 3 listed competitors have raised funding.
Company details
NetSpend is a processor and marketer of prepaid Visa and MasterCard debit cards. NetSpend markets its products as an alternative to cash, credit, and traditional banking relationships. The cards can be used for omnichannel transactions including ATM withdrawal, online payment, in-store payments, and P2P money transfer. The cards can be reloaded via multiple channels like online direct deposit, at over 100,000 physical stores, PayPal, and bank account transfer. NetSpend also offers a line of Visa and MasterCard branded Gift cards and a Visa Travel Money card product. It has a nationwide network of more than 70,000 distribution locations and 130,000 reload points.
- Headquarters Austin, United States
- Stage Acquired
- SectorsFinancial Services
- Website category Finance
- Website netspend.com
- Social LinkedIn X Facebook Instagram
- Acquired by Rev Worldwide (Aug 2022)
- Legal Name Netspend Corporation
- InvestorsTSYS
& 2 more
- Acquired by
Apps and channels of NetSpend
NetSpend publishes 1 mobile app with over 5M+ downloads.
Funding Insights of NetSpend
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of NetSpend with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2001 | Unspecified | – | – |
3 investors in total: 3 institutional.
Investors in NetSpend
NetSpend has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TSYS, Rev Worldwide and IA Capital Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on tech startups | iacapgroup.com | New York, United States | ||
Issuer processing solutions for payments and card services are provided. | 1982 | tsys.com | Columbus, United States | |
Co-branded card programs are managed for business partners worldwide. | 2009 | revworldwide.com | Austin, United States |
Investor details for NetSpend
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
People of NetSpend
2 people are tracked at NetSpend (2 in leadership).
| Name | Role | Group |
|---|---|---|
Kelley Knutson | CEO | Leadership |
Kelley C. Knutson | Founder/Seed Investor/Advisor | Leadership |
Complete people profiles for NetSpend
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of NetSpend
5 dated milestones of NetSpend across 23 years, from founding to its latest funding, stage changes and deals.
- Founded NetSpend is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by TSYS.
- Exit Acquired by Rev Worldwide.
Competitors of NetSpend
NetSpend has 3 listed competitors in our database, 3 of them funded. They include Super, Fold and Blackhawk Network.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| super.com | 2016 | San Francisco, United States | $161.3M | Online platform for discovering and booking hotel accommodations at discounted prices | ||
| foldapp.com | 2014 | Atlanta, United States | $60.05M | NFC-enabled prepaid cards with Bitcoin rewards are provided. | ||
| blackhawknetwork.com | 2001 | Pleasanton, United States | $249,272 | 1,558 | Prepaid cards for employee financial benefits are provided. |
Detailed competitors of NetSpend
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of NetSpend
The website of NetSpend (netspend.com) receives about 2.3M visits a month and ranks #18,278 among all websites worldwide, #1,181 in Finance.
- Monthly visits2.3M
▼ 11.3% vs previous month
- Unique visitors878K
per month
- Global rank#18,278
among all websites
- Category rank#1,181
Finance · Finance
- Bounce rate33%
- Pages per visit5.2
- Average visit4 min 12 sec
- DevicesDesktop 17% · Mobile 83%
Websites whose visitors overlap most with NetSpend. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| chime.com | 100% | 13.9M | #3,849 | View details | |
| greendot.com | 97% | 837.4K | #54,167 | View details | |
greendotonline.com | greendotonline.com | 96% | – | ||
| readydebit.com | 94% | View details | |||
| cash.app | 92% | 18.8M | #3,056 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for NetSpend
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as NetSpend (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Netspend
Complete news archive for NetSpend
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Frequently Asked Questions about NetSpend
NetSpend was founded in 1999 and raised its 1st funding round 2 years after it was founded.
NetSpend is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Kelley Knutson is the CEO of NetSpend, as recorded in our data.
NetSpend is a processor and marketer of prepaid Visa and MasterCard debit cards. NetSpend markets its products as an alternative to cash, credit, and traditional banking relationships. The cards can be used for omnichannel transactions including ATM withdrawal, online payment, in-store payments, and P2P money transfer. The cards can be reloaded via multiple channels like online direct deposit, at over 100,000 physical stores, PayPal, and bank account transfer. NetSpend also offers a line of Visa and MasterCard branded Gift cards and a Visa Travel Money card product. It has a nationwide network of more than 70,000 distribution locations and 130,000 reload points.
NetSpend's top competitors include Super, Fold and Blackhawk Network.
NetSpend has 3 investors. Key investors include TSYS, Rev Worldwide, and IA Capital Group.
NetSpend operates through Netspend Corporation.
Yes. NetSpend was acquired by Rev Worldwide in August 2022.
Yes. NetSpend publishes Classic Netspend, with over 5 million downloads.
The website of NetSpend receives about 2.3 million visits a month and ranks #18,278 among all websites worldwide.