courtesy of Greenwood
In cities across the U.S., historically Black neighborhoods like Black Wall Street in Tulsa, Oklahoma, and Paradise Valley in Detroit are seeing a resurgence of pride and economic growth. Once thriving hubs of Black entrepreneurship, these areas are now revitalizing their legacies through community-driven initiatives and a focus on supporting local businesses.
Greenwood, the innovative financial platform built to empower the Black community, is taking a bold step toward fostering wealth with the launch of two new programs aimed at creating cooperative economic growth. The Cash Back for Buying Black initiative for Greenwood Premium Members and a new partner marketplace connecting Black entrepreneurs and families with loan providers are now live. This move comes as Greenwood sees a surge in demand, with nearly $230 million in loan requests, including over $150 million in personal loans and $90 million for small businesses, signaling growing momentum for Black financial empowerment…