Atlanta based Greenwood Bank, the digital banking platform for Black and Latino individuals and business owners, announced it has raised $40 million in a Series A funding round by Truist, Bank of America, PNC, JPMorgan Chase, Wells Fargo, Mastercard, Visa, FIS, Popular, TTV Capital, SB Opportunity Fund and Lightspeed Venture Partners and Quality Ventures.
Founded about a year ago by Andrew Young, Michael Render and Ryan Glover, Greenwood Bank features best-in-class digital banking services and innovative ways of giving back to the community.
