Greenwood is a modern digital banking services platform for Black and Latino individuals and businesses. Greenwood is partnering with FDIC-insured banks to give customers the ability to spend and save securely through use of best-in-class banking services and innovative ways to support Black and Latino causes and businesses. Advanced account features include Apple, Samsung, and Android Pay, virtual debit cards, peer-to-peer transfers, mobile check deposits, and surcharge fee-free ATM usage in over 40,000 global locations. Additionally, Greenwood plans to partner with and strengthen historically Black banks by providing access to deposits and lending demand. Greenwood was founded by Civil Rights leader Andrew J. Young; rapper and activist Michael 'Killer Mike' Render; and Ryan Glover, founder of the Bounce TV Network. The Greenwood District of Tulsa, Oklahoma, which included the 'Black Wall Street' of the early 20th Century, is an enduring symbol of the economic potential of community solidarity and empowerment.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
03/25/21 | $40,000,000 | Series A |
Bank of America FIS JPMorgan Chase & Co. MasterCard PNC Popular SB Opportunity Fund Truist TTV Capital Visa Wells Fargo & Company | undisclosed |
11/29/22 | $45,000,000 | Growth |
Bank of America Cercano Management Citi Ventures Cohen Circle George Kaiser Family Foundation NextEra Energy Resources Pendulum PNC Popular Truist Ventures TTV Capital Wells Fargo & Company | undisclosed |