A lawsuit involving The Gathering Spot is unfolding.

Greenwood continues its mission toward economic empowerment for the Black and Latino community. The digital banking platform just acquired Valence to provide communities with support for professional development and job recruiting. The news comes on the heels of Greenwood’s acquisition of The Gathering Spot and solidifies the brand’s stance as a place where our people can not only learn skills for a better financial future but also get equipped with resources to survive and thrive. Valence was established in 2019 by Kobie Fuller, who is also the General Partner at Upfront Ventures. He, alongside Emily Slade and LaMer Walker, wanted to create a network specifically designed to help Black professionals connect with companies and vice versa. Now, Greenwood will leverage the company’s pipeline recruiting database to help companies diversify workforces of all levels from early career to the C-suite. This is a legendary move set to equip Greenwood’s community of roughly one million Black...

If you want to learn how to build a tech company, come to Greenwood! The Black-led and founded tech-enabled digital banking platform was built solely with Black people, Latinos, and true allies of the culture in mind. Now, the mission continues by offering the community the resources needed to build their own empire. In an all-new series, “The Making Of A Black Tech Company,” the platform is providing a firsthand look into how we all can play a role in bridging access and wealth gaps through financial solutions. Throughout the show, viewers will learn more about the company’s special approach to building a company rooted in tech. They will also hear directly from the company’s leaders and a few familiar celebrity faces who have invested not only funds but time and energy into Greenwood since its inception.

MassMutual is linking up with Michigan’s only Black-owned bank to work toward closing the racial wealth gap! According to the news release , First Independence Bank (FIB) is the only Black-owned bank in Michigan and through the new strategic alliance with MassMutual Great Lakes (MMGL), they’ve committed to helping the underserved reshape how they view money. “At MassMutual Great Lakes, we believe every individual, small business owner, and corporation deserves the right to financial services and strategies designed to create stability,” said MassMutual Great Lakes Manuel Amezcua in an official news release. “Our commitment is to develop meaningful relationships that reshape the financial well-being and success of a diverse group of individuals and institutions in the communities we serve.” Since its launch in 1970, FIB has served the dreams and financial needs of Black Americans and is one of only 155 minority depository institutions, according to Black Enterprise, in the nation and...

Actor and community activist Jesse Williams has become the latest investor to join Greenwood’s financial empowerment efforts. Greenwood — the new digital banking platform for Black and Latinx entrepreneurs and small businesses — recently launched to help repair the hole in Atlanta’s finance market with the help of rapper Killer Mike, former Atlanta Mayor Andrew Young, and Bounce TV founder Ryan Glover. Williams has now signed on to help the digital bank carry out its mission to strengthen the economy for communities of color. “I’m excited to join the Greenwood team and work to advance economic prosperity for people of color,” he said in a statement . “The time has come for Black and Latinx communities in America to strengthen our economic condition and influence. By increasing access to essential banking services and financial education, Greenwood is a key part of that movement.”   View this post on Instagram   A post shared by Greenwood (@bankgreenwood) Williams is most known for...