Greenwood is a modern finance platform tailored for the Black and Latinx communities. It provides top-notch digital banking services and innovative community support. Addressing the wealth disparity and generational transfer issues, Greenwood aims to be a Black-owned financial institution, reminiscent of the prosperous early 1900s Greenwood District.
Founded in 2020 and headquartered in the United States, Greenwood secured a significant $45.00M Series B investment on 29 November 2022. The investment was led by notable names such as Citi Ventures, TTV Capital, Wells Fargo & Company, Bank of America, George Kaiser Family Foundation, Pendulum Opportunities, PNC, Truist Ventures, Cohen Circle, and Cercano Management.
Greenwood's vision and unique positioning in the financial services, fintech, and banking spheres make it an intriguing prospect for venture capitalists looking to support initiatives catering to underrepresented communities and addressing long-standing economic disparities.
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