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
Location
Missouri, United States
Transaction Type
Buyout

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