Atlanta-based GreenSky is taking its financial services to the next level. This financial-technology company provides advanced technologies for merchants and banks via lending support. Consumers who are on the market for products and services in healthcare, home improvement and other services can benefit directly from this company. GreenSky is one of the top credit companies of the 21st century, and it doesn’t even use its own capital during this process. This particular company is partnered with 14 other financial institutes, including Sun Trust Banks and Regions Finance Corp. These two financial institutes offer a number of services, including mortgage, brokerage and insurance services.
Being part of an emerging field has helped to open many new doors for the business. Fintech is booming as of late, and this industry is raking in the dollars on an annual basis. Wikipedia has reported that GreenSky has generated at least $325 million in 2017. “We’re not competing with banks because we’re a technology-based company , said CEO David Zalik. Business has been so good to where Zalik was presented with the National EY Entrepreneur of the Year Award in financial services for 2016. In 2015, this company was considering on expanding its services even more with a 10-year tax incentive program as well as a building a new call center in Kentucky. GreenSky is in direct-competition with many other hard-hitters such as Avant Inc., Debtbench and Mosaic Inc. These Fintech type of companies have business mottos just like GreenSky .
The company was founded 12 years ago, and it has steadily climbed the ranks to success. In 2016, GreenSky established a building plan that was worth $2 billion. That’s right! The company also raised over $50 million in capital for 2016. In the end, the sky is definitely the limit for GreenSky , or should I say that the limit is the sky.