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Posts tagged as “Andrew Young”

Killer Mike’s Digital Banking Platform, Greenwood, Raises Nearly $40 million in Funding From Investors

Killer Mike’s Digital Banking Platform, Greenwood, Raises Nearly $40 million in Funding From Investors

By goodblacknews on March 29, 2021

[Photo: Killer Mike, Andrew Young, Ryan Glover via bankgreenwood.com]

Greenwood, the digital banking platform introduced last year by co-founders activist/rapper Michael “Killer Mike” Render and Bounce TV President Ryan Glover, has raised almost $40 million in Series A funding since its website launched in October 2020, according to a joint announcement last week.

The burgeoning financial startup — named for the Black business district in Tulsa, Oklahoma that existed in the early 20th century (before the 1921 Tulsa Massacre) and earned the nickname “Black Wall Street” — received investments from Truist Bank, Bank of America and JPMorgan Chase, PNC, Wells Fargo, Mastercard, Visa, and SoftBank, six of the seven biggest banks among others on a growing list of major financial institutions now invested in Greenwood.

https://youtu.be/xVbXaP-zHlE

“The net worth of a typical white family is nearly ten times greater than that of a Black family and eight times greater than that of a Latino family. This wealth gap is a curable injustice that requires collaboration,” said Greenwood Chairman Glover.

“I am elated that many of the world’s top fintech companies have invested in Greenwood and join us in this mission. The backing of six of the top seven banks and the two largest payment technology companies is a testament to the contemporary influence of the Black and Latino community. We now are even better positioned to deliver the world-class services our customers deserve.”

Greenwood delayed its planned January 2021 launch date because of overwhelming demand after more than 500,000 people signed up for an account before launch.

To learn more and join the Greenwood community and product waitlist, visit www.bankgreenwood.com. 

Ambassador Andrew Young Reflects On The Legacy Of MLK | Black America Web

By goodblacknews on January 18, 2016


Ambassador Andrew Young talks to the Tom Joyner Morning Show reflects about his friend, the late Martin Luther King, Jr. How he’s celebrating King Day: ‘I’m at Michigan State which is one of…
READ MORE: Ambassador Andrew Young Reflects On The Legacy Of MLK | Black America Web

Happy 80th Birthday, Former U.N. Ambassador, Congressman and Mayor Andrew Young

By goodblacknews on March 12, 2013

Andrew Young Birthday
Andrew Young (pictured throughout) has not been in public office since 1990, but his contributions as a politician to the Civil Rights Movement and his service as an elected official have catapulted him to legendary status. Even after a failed gubernatorial bid, Young has gone on to do amazing work as a private citizen. Today, NewsOne celebrates another milestone of Young as he reaches the rich age of 80 today.
Born in 1932 in New Orleans to parents Andrew Sr., a dentist, and Daisy Fuller, a schoolteacher, Young benefited from a middle-class upbringing that was rare for many African Americans during the Great Depression. By Young’s own admission, he didn’t take advantage of his good fortunes and nearly failed out of Howard University but eventually graduated in 1951. It was expected that Young would enter the dentistry field, but he went on to obtain a divinity degree from Hartford Theological Seminary in Connecticut.
Young’s path to becoming the pastor of Bethany Congregational Church in Thomasville, Ga., in 1955 also placed him squarely in the mix of the burgeoning fight for equal rights. Although the times were turbulent, Young organized voting registration drives and other activities centered on civil rights despite the obstacles faced.