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Greenwood raises $45m in growth funding

Atlanta based digital banking platform for Black and Latino individuals and businesses raised $45m in growth funding led by Pendulum.

“This investment and our new partnership with Pendulum demonstrate the power of the Black ecosystem and that when you Choose Black, you will not be underserved,” says Ryan Glover, Greenwood’s Chairman who co-founded Greenwood alongside Dr. Paul Judge, Civil Rights leader Andrew J. Young, and rapper and activist Michael “Killer Mike” Render. “Our vision is to make Greenwood the premier destination for Black and Latino wealth creation and regeneration while keeping community connection and collective professional advancement at the center.”

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banking