GreenSky Completes Over $2.5 Billion of New Funding
10/23/20, 12:05 PM
Location
atlantaMoney raised
$2 billion
GreenSky, Inc. (NASDAQ: GSKY), a leading financial technology company Powering Commerce at the Point of Sale®, announced today it has entered into a new, long-term, $600 million per year, bank funding partnership totaling up to $1.8 billion for its elective healthcare business. GreenSky has also recently completed approximately $875 million of new asset sales demonstrating the successful execution of the Company’s previously announced diversified funding strategy.
Company Info
Location
atlanta, georgia, united states
Additional Info
GreenSky, Inc. (NASDAQ: GSKY) is a leading technology company Powering Commerce at the Point of Sale® for a growing ecosystem of merchants, consumers, and banks. Our highly scalable, proprietary technology platform enables merchants to offer frictionless promotional payment options to consumers, driving increased sales volume and accelerated cash flow. Banks leverage GreenSky’s technology to provide loans to super-prime and prime consumers nationwide. Since our inception, 3.4 million consumers have financed $25 billion of commerce using our paperless, real time "apply and buy" technology and the Company services a $9 billion+ loan portfolio. GreenSky is headquartered in Atlanta, Georgia. For more information, visit https://www.greensky.com.