Killer Mike has launched his own digital banking platform for Black and latinx people

Killer Mike has launched his own digital banking platform for Black and latinx people.

Greenwood is the creation of the Run The Jewels rapper alongside former mayor of Atlanta, Andrew J. Young, and Bounce TV network boss Ryan Glover.

  • READ MORE: Run The Jewels: “The world’s gonna reset and then we’re gonna burn that motherfucker down”

“Today, a dollar circulates for 20 days in the white community but only six hours in the Black community,” Mike said of the new venture in a press release. “Moreover, a Black person is twice as likely as a white person to be denied a mortgage. This lack of fairness in the financial system is why we created Greenwood.”

Advertisement

Glover added: “It’s no secret that traditional banks have failed the Black and Latinx community. We needed to create a new financial platform that understands our history and our needs going forward, a banking platform built by us and for us, a platform that helps us build a stronger future for our communities.

“This is our time to take back control of our lives and our financial future. That is why we launched Greenwood, modern banking for the culture.”

Greenwood has also announced plans to donate five free meals to families in need for every customer to sign up to their service, as well as donations to the NAACP and more after every use of a Greenwood debit card.

$10,000 grants for Black and latinx small business owners will also be given out on a monthly basis.

Find out more information about Greenwood here.

Advertisement







Run The Jewels Pick Who They Want To Win At The NME Awards 2015 With Austin, Texas
We asked El-P and Killer Mike of Run The Jewels to pick who they'd choose to win at tomorrow's NME Awards 2015 with Austin, Texas at the O2 Academy Brixton, London (February 18.) Performers include Royal Blood, The Vaccines, Charli XCX, Run The Jewels and Suede. Hear why they love Queens Of The Stone Age so much, why Fat White Family get their vote and who they'd cast as villain of the year.
0 seconds of 3 minutes, 39 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
03:39
03:39
 

Killer Mike was recently criticised for meeting with Republican Georgia Governor Brian Kemp, who was accused of voter fraud and suppression in the past.

When a Twitter user accused Mike of giving “the Trump-loving governor a photo op,” the rapper replied: “Well my 86 yr old Aunt who actually risked her life in B Ham and Selma was proud and called me courageous. Imma lean into that cuz she did the work.”

Advertisement