Former KC startup acquired by Atlanta-based banking platform, uniting two of the largest Black-owned fintechs
ATLANTA — Greenwood, a digital banking platform for Black and Latino individuals and businesses, announced this week its acquisition of Kansas City-founded Kinly — a neobank building generational wealth for Black America. The deal will help grow Atlanta-based Greenwood’s ecosystem of more than 1 million members and provide Kinly’s community of more than 300,000 with…
Read MoreIndustrial coworking space eyes downtown KC; plans mixed office, warehouse amenities
A Northwest Arkansas-based startup plans to bring a new coworking concept to Kansas City this year — one that combines flexible office and shared warehouse solutions, said CEO Brendan Howell. “We call it industrial coworking,” explained Howell, co-founder and CEO of Loloft . “That’s a term that we’ve coined.” The company is aiming for a…
Read More‘Proud capitalist’ to young social entrepreneurs: It’s OK to make a buck while saving the world
Darcy Howe encouraged budding, would-be founders to think about ways they can effectively scale their mission-driven ideas, drawing on KCRise Fund’s model for social entrepreneurship. “Being socially mission-driven is not mutually exclusive to making money,” Howe, founder and managing director of KCRise Fund, told Enactus students gathered Tuesday during an end-of-year celebration for the University…
Read MoreMillion-dollar corporate gift puts $25M Negro Leagues capital campaign on the board; now you’re on deck
Editor’s note: Bank of America is a financial partner of Startland News, although this report was created independently by the nonprofit newsroom. A historic age of impact is under way, said Bob Kendrick, as Kansas City’s Negro Leagues Baseball Museum unveiled plans for a new, state-of-the art campus backed by a $1 million grant from…
Read MoreThey walked right past us: Small biz owners shocked by low NFL Draft sales, now wary of World Cup
A massive surge in visitors and foot traffic as Kansas City hosted its first NFL Draft failed to score many points outside the event grounds this weekend, as countless small businesses along the city’s urban corridor reported a sharp dip in revenue. “I think we’re all looking at our numbers and everything right now, and…
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