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Greenwood has made more strides toward becoming the biggest digital banking platform for Black and Latinx individuals and business owners. On March 25, the platform announced it has closed a $40 million Series A funding round. The round included participation from six of the seven largest banks in the U.S. along with Bank of America, PNC, Mastercard, Truist, Wells Fargo, and Visa, reports PR Newswire. The group is joined by Popular, the largest Hispanic-owned bank in the U.S.; venture capital firms TTV Capital, the SoftBank Group Corp’s SB Opportunity Fund, Lightspeed Venture Partners, and FIS, a leading provider of technology solutions for banks, capital markets firms, and merchants globally. Other groups include sports and entertainment names like Quality Ventures, the private equity arm of the sports media corporation, Quality Control, and All-Pro NFL running back Alvin Kamara. View this post on Instagram A post shared by Greenwood (@bankgreenwood) “The net worth of a typical...