Green Dot to Move Headquarters from Pasadena to Texas

Green Dot Corporation, which has called Pasadena its home since establishing its headquarters here upon forming in 1999, will soon be moving its main office to Austin, Texas, according to company officials.

The financial services company best known for prepaid debit cards will allow the lease to expire on its 160,000-square-foot building at 465 E Foothill Blvd. and plans to have its new operation set up in the Lone Star State by the end of the year, President and CEO Dan Henry said in a statement to Pasadena Now.

“Texas is a business-friendly state, and we’re looking forward to engaging and benefiting from the impressive talent pool in the region, as we work to seamlessly connect more people to their money, both directly through our own fintech, and through our partners,” Henry said.

In addition to the new Texas headquarters, the company will continue to operate out of shared workspaces in California, Ohio and Florida as it moves toward permanent remote work for employees, CNBC reported.

“This move supports our ‘Work From Anywhere’ strategy,” Henry confirmed to Pasadena Now, “to hire great talent all over the country while offering the benefits and flexibility of remote work, along with hub locations in Pasadena, Cincinnati, Tampa and Austin where teams can gather, connect and collaborate effectively.”

“I want the best and brightest people we can find to join our team to help us be successful, and you can live anywhere you want,” Henry said in an interview with CNBC.

“What Covid did was force a mind shift; we see how productive we are working from anywhere and how much our employees love it,” Henry added. “It’s more important to be productive than be busy. If you force people to come to an office every day, then everybody’s going to try to be busy.”

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