Greenwood Closes $3 Million Seed Round to Build Online Banking Solution for Blacks and Latinx
Summary
Greenwood has secured $3 million in seed funding from private investors as the first digital banking platform for Black and Latinx people and business owners. Greenwood features best-in-class online banking services and innovative ways of giving back to Black and Latinx causes and businesses. Ambassador to the United Nations, and former Mayor of • , aka Killer Mike, rapper and activist in Black financial empowerment Recommended AI News: Aiforia Secures U.S. Patent For High-Speed AI Training Tool In Medical Image Analysis “It’s no secret that traditional banks have failed the Black and Latinx community,” said Ryan Glover. This lack of fairness in the financial system is why we created Greenwood.” • , President & Chief Technology Officer (previously of Bank of America and TD Bank) Recommended AI News: Hikvision Releases Colorvu 2.0 Cameras Now With 4k And Varifocal Options Greenwood’s initial products are savings and spending accounts that come with a stunningly designed black metal debit card for customers who sign up by the end of the year. Advanced features like Apple, Samsung, and Android pay, virtual debit cards, peer-to-peer transfers, mobile check deposits, and free ATM usage in over 30,000 locations are offered with no hidden fees.