Greenwood
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Greenwood is a fintech company that provides modern banking solutions tailored for Black and Latino communities. Focused on financial empowerment and social impact, Greenwood offers a suite of digital financial services designed to foster economic growth and inclusivity. Product/Service Line Breakdown: 1. Fee-Free Checking Account: Provides users with a checking account that eliminates monthly fees, making banking more accessible and affordable. 2. High-Yield Savings Account: Offers a competitive interest rate on savings, helping customers grow their wealth more effectively. 3. Virtual Debit Card: Enables immediate access to funds with a secure virtual card, reducing the dependency on physical cards. 4. Community Impact Features: Includes initiatives that give back to the community, such as donations to Black and Latino nonprofits for each debit card transaction made by users. 5. Financial Education Resources: Provides educational content and tools to help customers improve their financial literacy and manage their finances better. 6. Mobile Banking App: A comprehensive app that allows users to manage their accounts, transfer money, pay bills, and monitor their spending from anywhere.
Keywords
Keywords
Classified
Private