Former KC startup acquired by Atlanta-based banking platform, uniting two of the largest Black-owned fintechs

By Tommy Felts | May 5, 2023

ATLANTA — Greenwood, a digital banking platform for Black and Latino individuals and businesses, announced this week its acquisition of Kansas City-founded Kinly — a neobank building generational wealth for Black America. The deal will help grow Atlanta-based Greenwood’s ecosystem of more than 1 million members and provide Kinly’s community of more than 300,000 with…

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Fintech revolution follows historical abuse of Black wealth: ‘We’re already late, but we’ve got to do something’

By Tommy Felts | March 11, 2022

Editor’s note: Startland News is a media sponsor for the C3KC session “Fintech is Revolutionizing Banking.” [divide] With nearly 30 percent of Americans reported as under-banked or unbanked, leaders in the financial space need to ask themselves what steps must be taken to create a more inclusive system, said Cordell Carter II. “We often ask leaders…

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