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Greenwood Bank
About
Greenwood Bank is a digital banking platform for Black and Latinx people and business owners.
- 11 - 50
Details
- Last Funding Type
- Series A
- Last Funding Money Raised
- $40M
- Industries
- Banking,Financial Services,FinTech
- Founded date
- Jan 1, 2020
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Greenwood Bank is a digital banking platform for Black and Latinx people and business owners. It features best-in-class digital banking services and innovative ways of giving back to the community. The company'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.Greenwood Bank was founded in 2020 and is based in Atlanta, GA, USA.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 29, 2022 | Series B | $45M | 1 | — | — | Detail |
| Mar 25, 2021 | Series A | $40M | 3 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Bank of America
|
— | Series B |
JP Morgan Chase
|
— | Series A |
|
|
— | Series A |
Acquisition
Greenwood Bank has acquired 1 organizations. Their most recent acquisition was Valence Community on Jun 22, 2022. They acquired Valence Community for 0.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
Jun 22, 2022
Valence Community
|
Communities | acquisition | — | Detail |
