GreenSky, a financial technology company, was created in 2006 by David Zalik. The company is found in Atlanta, Georgia, where David Zalik leads the company as its chief executive officer, a position he’s been in since GreenSky was founded nearly 15 years ago.
What is financial technology?
As mentioned above, GreenSky is a company that operates in the financial technology sector. Financial technology is the intersection between financial services and modern technology; it’s essentially a way of interweaving the best technology the world has to offer with the business of financial services.
This juxtaposition makes customers generally happier with the experiences they have with companies in the world of financial services. Further, providers of loans, banking services, and other services related to banking or financing are typically able to reel in more customers than they otherwise would be – that is, if they didn’t take advantage of the world’s top tech tools.
What is GreenSky Credit?
GreenSky Credit is the lending program put on by CEO David Zalik and GreenSky. The program encompasses GreenSky Credit’s mobile app, the program’s website, and all other infrastructure that makes it possible for customers to get their hands on loans and get in contact with the financial institutions that offer them.
Since GreenSky – the parent company of GreenSky Credit – was created in 2006, the company has worked with 13,000 lenders whose branches and headquarters are spread throughout all 50 states of the United States of America, 1.9 million customers, and more than $13 billion in loans.
The current state of affairs for GreenSky
Earlier this year – in May 2018 – GreenSky officially went public with an initial public offering. The company ended up offering more than 34 million shares of common stock to its investors at a price range between $21 and $23. GreenSky was known as a unicorn – a startup with more than $1 billion in funding under its belt – long before its initial public offering was made available.
David Zalik was effectively made a multi-billionaire after the IPO was over.