When was NetSpend founded?

NetSpend was founded in 1999 and raised its 1st funding round 2 years after it was founded.

Where is NetSpend located?

NetSpend is headquartered in Austin, United States.

How many employees does NetSpend have?

As of Sep 30, 2026, the latest employee count at NetSpend is 617.

Is NetSpend a funded company?

NetSpend is a funded company, having raised a total of $***** in its 1st and only funding round, a Unattributed round on 2001.

When was the latest funding round of NetSpend?

NetSpend's latest funding was a $***** Unattributed round on 2001, with participation from 1 investor. Its primary sector is Payments. In United States, the Payments sector has seen $7.7B in funding in 2026 to date.

What is the annual revenue of NetSpend?

Annual revenue of NetSpend is between $100M and $500M as on Dec 31, 2012

Where does NetSpend rank among its competitors?

NetSpend ranks 8th amongst 419 active competitors, of which 48 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Super, which secured $65M in Jul, 2026.

Who are the top competitors of NetSpend?

NetSpend's top competitors include Super, OPay and KOHO. Among them, Super secured the most recent funding round in July, 2026.

NetSpend - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is NetSpend an acquired company?

NetSpend got acquired by Rev Worldwide on Aug 01, 2022.

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.

Website: www.netspend.com/
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Key Metrics

Founded Year

1999

Location

Austin, United States

Stage

Acquired

Latest Funding Round

Unattributed, 2001, $*****

Investors

Gefinor Capital & 9 more

Ranked

8^th among 419 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2012

Employee Count

617 as on Sep 30, 2026

Similar Companies

Super & 464 more

Exit Details

Acquired by Rev Worldwide (Aug 01, 2022)

View NetSpend's full profile

NetSpend is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Netspend Holdings, Inc. CIN: 1496623 , United States, Active		$100M - $500M (As on Dec 31, 2012)	-	-
Netspend Corporation CIN: 742907514 , United States, Active	Dec 31, 1998	-	441 (As on Dec 31, 2024)	-

NetSpend got acquired by Rev Worldwide on Aug 01, 2022 at an acquisition amount of $*****.

Click here to take a look at NetSpend's acquisition in detail

NetSpend has raised funding over 1 round. Its latest funding round was a Unattributed round on 2001 for $*****. 1 investor participated in its latest round. NetSpend has 10 institutional investors.

Here is the list of recent funding rounds of NetSpend:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2001	1730	Unattributed	6347	9117	2664	9276

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View details of NetSpend's funding rounds and investors

NetSpend's employee count trend

NetSpend has 617 employees as of Sep 26. Here is NetSpend's employee count trend over the years:

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Top competitors of NetSpend include Super, OPay and KOHO. Here is the list of Top 10 competitors of NetSpend, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Super 2016, San Francisco (United States), Series D	Provider of an all-in-one mobile app offering travel savings, rewards, and budgeting solutions	$226M	Inovia Capital, Lion Capital & 23 others	81/100
2nd	OPay 2018, Lagos (Nigeria), Series C	Provider of financial services including transfers, bill payments, and debit cards	$570M	GSR Ventures, Meituan & 16 others	75/100
3rd	KOHO 2014, Vancouver (Canada), Series E	Internet-first bank for individuals	$461M	Portage, TTV Capital & 31 others	72/100
4th	Fold 2014, Atlanta (United States), Public	Provider of a platform for earning bitcoin rewards and buying bitcoin	$60.1M	Craft Ventures, Goldcrest & 9 others	72/100
5th	Uala 2017, Buenos Aires (Argentina), Series F	Provider of NFC-enabled prepaid cards for consumers	$1.11B	Tencent, SoftBank Latin America Fund & 31 others	72/100
6th	Pockit 2010, London (United Kingdom), Series C	Debit cards for consumers	$50M	Puma Private Equity, Maven Capital Partners ... & 36 others	67/100
7th	Blackhawk Network 2001, Pleasanton (United States), Acquired	Provider of financial benefits prepaids cards for employees	$249K	Silver Lake, ACE & Company & 2 others	66/100
8th	NetSpend 1999, Austin (United States), Acquired	Pre-paid payment cards provider	-	Gefinor Capital, Millennium Technology Value Partners ... & 8 others	63/100
9th	Tri O Tech 2009, Delhi (India), Series A	Operator of digital payment wallets and unified financial transaction systems	$4.27M	Juvo, Umangpay Fintech & 5 others	62/100
10th	Nequi 2016, Medellin (Colombia), Unfunded	NFC-enabled cards for payment at purchases	-	-	59/100