Financial technology, better known as fintech or sometimes called FinTech, is the ever-growing brand of technology that strives to make the field of financial services easier, faster, more efficient, and more effective for consumers, businesses, and even financial institutions. Examples of financial technology’s many innovations include mobile apps used by banks for consumers to take care of banking on the go, digital currency and cryptocurrency wallets, and being able to trade instruments without the use of traditional brokers.
Atlanta, Georgia’s very own GreenSky is one of fintech’s greatest figures
GreenSky – its legal name is GreenSky LLC – is a leader in the world of financial technology. The company was created in 2006 by David Zalik, who currently serves GreenSky and the broader world of fintech as GreenSky’s chief executive officer, a lifelong entrepreneur who entered college at the early age of 14 and founded MicroTech Information Systems while attending Auburn University during his freshman year.
Statistics indicate that GreenSky is one of the largest companies to offer small to mid-sized loans to customers across the United States through innovative mediums like the World Wide Web and mobile apps available on all major smartphone app networks (e.g. iOS, Android).
What does GreenSky do?
We’ve already mentioned that David Zalik’s GreenSky offers loans to customers around the nation, but it doesn’t do so in a traditional way. GreenSky offers loans to customers around the nation through GreenSky Credit, the company’s lending program.
GreenSky Credit is available through GreenSky’s official website and its mobile application, available on both iOS and Android app networks. First-time applicants can simply take pictures of necessary documents using their smartphones, rather than being required to bring physical, original copies of things like their Social Security cards, driver’s licenses, birth certificates, and financial statements for their businesses that such financing might fund.
GreenSky Credit makes loans between $1,000 and $55,000 to individuals and businesses in all 50 states of the United States. GreenSky – thanks to the success experienced by GreenSky Credit – offers its stock to the public via major stock exchanges in the United States.