Greenwood is a Black-founded, Black-led mobile financial platform inspired by the legacy of the early 1900s Greenwood District, also known as Black Wall Street. This platform aims to address the financial challenges faced by the Black community by providing tools to build, sustain, and grow wealth.
Greenwood offers a range of financial services, including:
Checking and Savings Accounts: No hidden fees, early paycheck access, and FDIC insurance up to $250,000 through Coastal Community Bank.
Investments: Users can invest in publicly traded companies, including Black-owned businesses, and ETFs with no commissions or fees.
Round-Up Donations: Users can round up their purchases to the nearest dollar and donate the change to charity partners like the NAACP and UNCF.
High-Interest Savings: Earn a 4.15% APY on qualifying savings account balances.
Greenwood also emphasizes community support and financial education, making it a comprehensive platform for those looking to manage their finances while supporting the Black community.
You can learn more about Greenwood on their official website.
