Greenwood Acquires The Gathering Spot Creating Fintech and Community Platform for Blacks and Minorities.

MANews-(C)2009-2022

Atlanta, US-based Greenwood, a digital banking platform for Black and Latino individuals and business owners, has acquired The Gathering Spot, a private membership network focused on the US Black community, the company said.

Greenwood and The Gathering Spot share the same mission of supporting financial freedom for minorities through community building, entrepreneurship, group economics and wealth building.

The combined company has a community of over 1m people.

Together, they will continue to deliver features including community building, personal finance content, and banking services.

The Gathering Spot provides access to a premiere network of professionals, creatives and entrepreneurs, curated experiences, exclusive content, concierge services, and access to The Gathering Spot flagship clubs that include workspace, meeting rooms, event space, restaurant and bar.

The Gathering Spot clubs are located in Atlanta, Washington DC, and Los Angeles. Members outside of those cities are part of the vibrant Connected City communities in New York City, Chicago, Detroit, Charlotte, and Houston.

The Gathering Spot members have exclusive access to in-person experiences and online content including conversations with business and cultural leaders like Gabrielle Union, Will Packer, and Tope Awotona.

Greenwood and The Gathering Spot are both focused on empowering minorities towards entrepreneurship, financial freedom, and wealth building.

Ryan Wilson, co-founder and CEO of The Gathering Spot will continue in that role in addition to being named as Chief Community officer of Greenwood.

TK Petersen, co-founder and COO of The Gathering Spot will continue in that role and also is appointed as a vice president at Greenwood.

Greenwood has tens of thousands of...

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