Company Description (as filed with the SEC)
NetSpend Holdings, Inc. (collectively with our subsidiaries, "we," "us" or the "Company") was formed as a Delaware corporation on February 18, 2004 in connection with the recapitalization of one our current subsidiaries, NetSpend Corporation, which was founded in 1999. We operate in one reportable business segment and we provide general purpose reloadable ("GPR") prepaid debit and payroll cards and alternative financial service solutions to underbanked and other consumers in the United States. The products we manage provide underbanked consumers with access to FDIC-insured depository accounts with a menu of pricing and features specifically tailored to their needs. We have an extensive distribution and reload network comprised of financial service centers and other retail locations throughout the United States. Our common stock trades on the NASDAQ stock exchange under the symbol "NTSP. ... More ...