Greenwood, a neobank that provides banking services to Black and Latinx communities, is adding retail investing to its platform as it heads into what it anticipates will be a profitable 2024.
The Atlanta-based fintech on Thursday announced the launch of Greenwood Invest, an app that allows customers to invest in stocks and exchange-traded funds.
Greenwood Invest “is the first product that we’ll release that truly helps our community build wealth,” said CEO Ryan Glover, who co-founded the neobank in 2020 alongside civil rights leader Andrew Young and rapper and activist Michael “Killer Mike” Render.
