Tech Company Financing Transactions
Greenwood Funding Round
Truist Bank, Bank of America and FIS participated in a $40 million Series A capital raise for Greenwood. The financing round closed on 3/27/2021.
Transaction Overview
Company Name
Announced On
3/27/2021
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to continue to expand its business reach and build a a range of financial products and services for financial empowerment.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Atlanta, GA 30327
USA
Atlanta, GA 30327
USA
Phone
Undisclosed
Website
Email Address
Overview
Greenwood is a mobile banking platform for Black and Latinx people and business owners. Greenwood features best-in-class digital banking services and innovative ways of giving back to the community.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 3/27/2021: RECUR venture capital transaction
Next: 3/27/2021: Idelic venture capital transaction
Share this article
Where The Data Comes From
We do our best to document tech company VC transactions. All VC database entries reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs