Greenwood - News, Articles & Research

Company announcement/retail

Greenwood launches retail investment platform

Greenwood, the digital financial platform for Black and Latino consumers and businesses, today announced Greenwood Invest, a cutting-edge stock investing and trading app that allows customers to invest in stocks and exchange-traded funds (ETFs).

01 December 2023

News/retail

Greenwood sued over failure to pay earn-out to The Gathering Spot

Black-owned digital banking platform Greenwood is being sued by the founders of The Gathering Spot (TPG), a members-only club for black professionals that it acquired for $50 million in May 2022.

19 July 2023

News/retail

Greenwood acquires fellow neobank Kinly

Greenwood, the digital banking startup for Black and Latino people and business owners, has acquired fellow neobank Kinly, bringing the two largest fintechs focused on the Black community together as one company.

04 May 2023

Company announcement/retail

Greenwood goes live for all, cancels waitlist

Greenwood, the digital banking platform for Black and Latino individuals and businesses, announced the launch of its General Access platform – expanding Greenwood’s spending, saving, and financial services to all after successfully enrolling all interested waitlist users.

19 April 2023

News/inclusion

Banking platform for Black and Latino communities Greenwood raises $45m

Greenwood, the digital banking startup for Black and Latino people and business owners, has closed a $45 million funding round led by Pendulum, an investment firm designed for founders of colour.

29 November 2022

Company announcement/inclusion

Greenwood launches finance and business shows for Black and Latino community

Greenwood, the digital banking platform for Black and Latino individuals and business owners, today announced the launch of Greenwood Studio. Greenwood Studio will produce essential personal finance content targeted at the Black and Latino community in an educational and entertaining way.

05 August 2021

Company announcement/people

Greenwood snags former Chase executive as engineering VP

Dylani Herath, an esteemed fintech leader and technology changemaker, has joined Greenwood, the digital banking platform for Black and Latino individuals and business owners, as Vice President of Engineering.

24 June 2021

Company announcement/payments

Greenwood launches Mastercard debit card

Greenwood, the digital banking platform for Black and Latino individuals and business owners, today announced it has selected Mastercard as its network of choice for its first debit card.

20 April 2021

News/inclusion

FS giants join $40m Greenwood funding round

Mastercard, Visa and host of America's biggest banks have joined a $40 million Series A funding round for Greenwood, the digital banking startup targeting Black and Latino people and business owners.

25 March 2021

News/inclusion

Greenwood raises $3m for digital banking platform for Blacks and Latinx

Civil rights legend Andrew Young and rapper Killer Mike have raised $3 million in seed funding for a digital banking platform for Black and Latinx people and business owners.

08 October 2020