Big banks rush to back Greenwood, Killer Mike’s 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. That’s … Continue reading Big banks rush to back Greenwood, Killer Mike’s Atlanta-based digital bank for underrepresented customers