Greenwood Acquires Kinly Mobile Banking Platform
May 2, 2023
Greenwood, the Atlanta-based digital banking platform for Black and Latino individuals and businesses, announced the acquisition of Kinly, a digitally native neobank focused on building generational wealth for Black America. The deal brings Kinly's ~300,000-member community into Greenwood's ecosystem, expanding Greenwood's customer base and product capabilities to better serve Black and Latino consumers and small businesses.
- Buyers
- Greenwood
- Targets
- Kinly
- Industry
- Payments & Fintech
- Location
- Missouri, United States
- Transaction Type
- Buyout
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