This is a financial technology firm based in Atlanta, Georgia, with over 1.7 million satisfied customers. Established in 2006, the firm provides technology to merchants and banks to make GreenSky credit to clients for healthcare, home improvement, solar and other uses. State-chartered financial, federal -chartered financial and federally-insured provide financing for GreenSky credit programs. For four years starting from 2012, the GreenSky credit program had lent out almost $5 billion.
The firm is among the fastest growing lenders in the US, making it easier for clients to access bank loans through a paperless and quick process. By the year 2016, the firm had partnered with 14 banks which included SunTrust Bank and Regions Financial Corporation, who offered GreenSky credit to over 12,000 clients, ranging from individual contractors and retailers such as Home Depot, Inc. through GreenSky mobile app or online platform. Apart from marketing the loans to homeowners, these contractors pay the firm 6% of the amount borrowed. The 14 partner banks pay GreenSky 1% of the amount annually to service and generate them. GreenSky is among the few profitable modern-day middleman firms with minimal risks in existence.
About David Zalik
Even though Zalik had limited education when he was growing up, today he is among the extremely rich executive lot. He is the co-founder of GreenSky, LLC, which was previously known as GreenSky Trade Credit, LLC. Zalik serves as the chairperson of the board of directors, and also serves as the firm’s CEO since its inception in 2006. He is also the Chief Executive Officer and Chairman of Board of Directors of Outweb Inc., a company he helped to establish in 1999. David Zalik also co-founded other firms such as RockBridge Commercial Bank, Resource Institute and Phoenix, LLC.
Zalik previously served as a member of the board of Marcus Community Center, Hands on Atlanta and the Jewish Federation of Greater Atlanta. Zalik was also a Director of RockBridge Commercial Bank. For his effort in the business world, Zalik has won various awards such as the 2003 Catalyst Entrepreneur Of The Year Award, and 2000 Abe Schwartz Young Leadership Award. He was also a finalist for the 2016 EY Entrepreneur Of The Year Award in Financial Services.
There is no surprise that education and technology usually go hand-in-hand. There are many ways that education ties in with technology and the other way around yet there has not been many companies to really take it to the next level. The age of Ed Tech is on the rise, as more education technology entrepreneurs are finding new ways to implement their ideas and to make companies that will generate billions of dollars. There has been a recent Upswing and take investments in the United States, which by today’s standards is reaching $1.4 billion in investments. There are many things that the education technology companies are having a common these days. They are making the learning experience fun for children and educators they making it easy to communicate with not only the children but their parents as well.
There is one company that in the way revolutionize the way technology and education interact. ClassDojo is a new education startup that is building the community among educators, parents, and children. ClassDojo is used in 90% of elementary schools in the United States. This education startup is making classroom is not only a great learning experience, But is also making a happier experience. ClassFojo is a mobile application that connects parents, students, and teachers. It creates a positive culture that allows parents to discuss their students’ education with the children in mind. Teachers can share moments with parents and allows him to message the parents and let them know how the children are doing. Many things can be shared on ClassDojo. The application allows the user to have various tools that are used to display activities and also displays multiple children in an educational group. If a parent is concerned about their child’s work they can always contact their child’s teacher via the ClassDojo app. One of the great things about the ClassDojo app is the ability to translate text messages into a variety of languages. This application is an international application that can go through different stages and broaden the horizons of many parents, students, and teachers.