Jesse Williams Invests In Banking Platform for Black and Latinx Communities
Jesse Williams, actor, director, producer, and community activist has become an investor in Greenwood, a new digital banking platform for Black and Latinx people and business owners. Greenwood founders include Andrew J. Young, civil rights legend, former U.S. Ambassador to the United Nations, and former Mayor of Atlanta; Michael Render, aka Killer Mike, rapper and activist in Black financial empowerment; and Ryan Glover, Greenwood Chairman and founder of Bounce TV network.
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“I’m excited to join the Greenwood team and work to advance economic prosperity for people of color,” said Williams. “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.”
Just a month after launching the company, more than 200,000 people have joined the Greenwood community and the waiting list for its digital banking platform says the company.
Greenwood’s initial product is a limited edition black metal debit card available for customers who sign up by the end of the year. Advanced features include Apple, Samsung, and Android Pay, virtual debit cards, peer-to-peer transfers, mobile check deposits, and free ATM usage in over 30,000 locations with no hidden fees.
Customers who invite their friends to open accounts receive cash rewards as a thank you from Greenwood. All deposits will be FDIC-insured by a partner bank. Additionally, Greenwood plans to provide deposits to help strengthen historically Black banks says the company.
The Greenwood name pays homage to “Black Wall Street,” a prosperous Black community in the Greenwood District of Tulsa, Okla. During the early 20th Century it was a center of African American enterprise, entertainment, skills, wealth and investment capital. Though it was destroyed by white mobs in 1921, the Greenwood District remains an enduring symbol of economic solidarity.
To sign up for a Greenwood account visit www.bankgreenwood.com.
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