Green Dot joins corporate exodus from California as fintech firm moves to Austin

Green Dot, a fintech firm and biggest U.S.

The move follows the departures announced last year of technology giants including Oracle, Palantir and Hewlett-Packard Enterprise.

While employees who leave California stand to save on personal income taxes in states like Texas and Florida, the corporation itself won’t be saving much from a tax perspective, Henry said.

“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 said.

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