Category: What’s The Tea

Greenwood Bank Raises Greenwood Bank Raises Despite recent controversy around his political loyalties, it seems Michael “Killer Mike” Render is not less than continuing to make good on his promise to assist empower Black communities and the BIPOC business ecosystem along with his latest move–and admittedly, it’s an enormous one. Per a press release shared with ESSENCE, Greenwood, the digital banking platform for Black and Latino individuals and businesses co-founded by Killer Mike, announced it closed a $45 million investment round led by Pendulum, an investment advisory firm. Other participating investors include Cercano Management, Cohen Circle, The George Kaiser Family Foundation, and NextEra Energy. They join Existing investors Bank of America, Citi Ventures, PNC, Popular, Truist Ventures, TTV Capital, and Wells Fargo. In response...