Subject
Killer Mike; Fintech; Banking
Description
Did you know that rapper Killer Mike is not just a phenomenal emcee and political activist, but an outstanding businessman making major moves in banking and financing?
The Georgia recording artist, whose real name is Michael Render, founded a company called Greenwood with former Atlanta mayor, Andrew Young, in 2020 with the goal to empower Black and Brown people, according to the Atlanta Journal-Constitution.
In 2022, the company, currently valued at $325 million, acquired two Black-owned companies: the Atlanta-based networking hub and workspace The Gathering Spot, and Valence, an online career development platform.
Now, after buying those businesses, it has purchased Kinly, a fintech firm with a mission to serve Black customers also.
Before joining forces, Greenwood and Kinly were rivals.
“One of the things that I always think about is the old African proverb, you know: ‘You want to go fast, go alone, you want to go far, you know, go together,’” U.S. For Donald Hawkins, CEO and founder of Missouri-based Kinly said.
Like Greenwood, Kinly started in 2020 also. The brands launched within a month of each other.
Creator
Source
https://allhiphop.com/news/killer-mikes-company-greenwood-acquires-competing-fintech-company/
Publisher
allhiphop.com
File
