Greenwood raised millions for Black banking. After challenges, they’re pivoting

In 2020, Paul Judge and Ryan Glover, both seasoned Black entrepreneurs, started work on a plan to help solve one of America’s most intractable social problems: the yawning wealth gap between White households and Black and Latino families.

After facing decades of discrimination by banks, Black and Latino customers need a safe, welcoming place to put their money, they argued, as they developed a plan for launching Greenwood, a banking platform rather than a traditional bank.