Big banks rush to back Greenwood, Killer Mike’s Atlanta-based digital bank for underrepresented customers

Big banks rush to back Greenwood, Killer Mike’s Atlanta-based digital bank for underrepresented customers

3 years ago
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https://techcrunch.com/2021/03/25/big-banks-rush-to-back-greenwood-killer-mikes-atlanta-based-digital-bank-for-underrepresented-customers/

Before even taking its first deposit, Greenwood, the digital banking service targeting Black and Latino individuals and business owners, has raised $40 million — only a few months after its launch.

Coming in to finance the new challenger bank are six of the seven largest U.S. Banks and the payment technology developers Mastercard and Visa.

Big banks rush to back Greenwood, Killer Mike’s Atlanta-based digital bank for underrepresented customers

Mar 25, 2021, 2:16pm UTC
https://techcrunch.com/2021/03/25/big-banks-rush-to-back-greenwood-killer-mikes-atlanta-based-digital-bank-for-underrepresented-customers/ > Before even taking its first deposit, Greenwood, the digital banking service targeting Black and Latino individuals and business owners, has raised $40 million — only a few months after its launch. > Coming in to finance the new challenger bank are six of the seven largest U.S. Banks and the payment technology developers Mastercard and Visa.