Category Archives: Investing

GreenSky Credit-A Valuable Financial Technology Lender

GreenSky LLC (formerly called GreenSky Trade Credit, LLC) was founded in 2006 as a financial technology organization based in Atlanta. It offers technology services to merchants and banks for making loans to customers. The loans could be for healthcare, home improvement, and solar purposes. GreenSky credit program gets its funding from state-chartered, federal, and federally-insured financial companies. GreenSky credit program has lent about $5 billion from 2012 to 2016.

How does the company operate?

GreenSky company exists among fintech companies such as Lending Club Corporation since it doesn’t spend its capital on loaning processes. The company makes loans available through its GreenSky mobile app to its merchant customers ranging from retailers to self-contractors who deal with items like furniture as well as advancing home services such as window replacement and roofing. GreenSky Credit firm offers other services such as elective medical procedures and the use of credit cards to cater for the enormous projects from its customers. It provides loans to its customers at a fixed period and a fixed interest rate which has contributed to its business expansion.

Capitalization and valuation

The organization was started in 2006. In 2016, the company generated a capital of $50 million and established a lending plan of $2 billion with Cincinnati’s Fifth Third Bancorp. The move led to GreenSky being rated at $3.6 billion, an improvement in its valuation since its 2014 $300 million fund-raising round. The earlier rounds included investors like QED Investors, TPG, Iciniq Capital, Wellington Management, and DST Global.

The valuation of GreenSky Credit in 2016 groups it among the most valued privately owned startups in financial technology. In 2018, the company set its IPO stipulations to 34.09 million stocks at $21-$23.

Employment and management

Currently, the firm has employed at least 1000 staff. The main representatives include;

  • David Zalik- co-founder and CEO since 2006
  • Tim Kaliban- Chief Risk Officer and president
  • Gerry Benjamin- Vice Chairman

An overview of David Zalik

Mr. David Zalik serves as the CEO and Co-Founder of GreenSky, LLC. He is also the Chairperson of the Board of Directors. Mr. Zalik has also co-founded other organizations like Phoenix, LLC, The Rockbridge Commercial Bank, and The Resource Institute. At RockBridge Commercial Bank, David Zalik was a Director. He worked in the Board of Directors on the Marcus Community Center, Hands on Atlanta, and the Jewish Federation of Greater Atlanta.

Mr. David Zalik is a qualifier for 2016 Entrepreneur of the Year. Other awards he won include;

  • 2000- Abe Schwartz Young Leadership Award
  • 2003- Catalyst Year’s Entrepreneur Award

Paul Mampilly Three Important Investment Options

Paul Mampilly was born in southern India. As a teenager, India suffered a financial crisis due to large government debts the government had accumulated. The government sought private investments including from its citizens, in exchange for the investment, lenders received 18% return annually for the next 30 years.

This experience encouraged Mampilly to become an aggressive investor. He moved to the United States where he graduated with bachelor’s degree in finance and accounting from the University of Montclair State University, New Jersey. He then received his MBA from Fordham University Gabelli School of business and studied financial engineering at several universities in New York. He currently lives in Durham, North Carolina where his focus is in researching investment opportunities and writing for several publications, including Profits Unlimited and extreme fortunes.

Statistics indicate that most Americans invest in stock; much more are interested in understanding the stock market but are not sure on how to get started. Stock investment requires a person with a lot of knowledge and experience. Paul Mampilly reached out to give advice governing three investors sectors that are bound to see a great deal of growth over the coming years. Paul featured in the mainstream news where he dispensed advice on the topic.


Paul Mampilly discussed the electric vehicle industry in details. With the times changing one has to keep up, alluding with innovation and development in the mobile phone industry. He views the same growth in the electric vehicle growth. The modern cars come many repairs and maintenances and this comes at a huge cost to the car owners. Electric vehicles have only three parts and eliminate extra costs of repair. Manufacturing companies have a huge share in electric cars as it’s the future. This would be a huge long-term investment.

With precision medicine. He alludes the same with mobile phones. Personalized medical care uses genetic testing in diagnosing and treating patients. Doctors can be able to run genetic information and put it in a database where they can select target treatment for a patient. This treatment will allow a faster diagnosis of a serious problem and choosing a more effective approach. Paul advice people to invest in genetic testing companies.

On food delivery, there has been a serious shift on healthy eating. Healthy eating and convenience don’t often match. However, there are food companies that have tapped into this recently. In the coming years, Paul predicts that this company will benefit a lot since their services include, delivery healthy ingredients to the doorsteps of various homes and thus create healthy meals for families. They take out the guesswork and limit waste production. Paul encourages people to put their money in the sector. Paul is a winner in the Templeton Foundation Investment competition, with his advice investors are sure to receive maximum returns.

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Igor Cornelsen the Brazilian Investor Who Gives Insightful Tips About the Brazilian Market

Brazilian financial investor Igor Cornelsen has been hauled praises when it comes to providing accurate and insightful tips on how to invest in the Brazilian economy. Given his rich industry experience and the different positions he has held at the government, business and financial level, Igor Cornelsen great reputation precedes his name.


As a matter of fact, Brazil’s economy is one of the best growing economy to invest in. in addition to it having a fast growth rate, brazil is a company that has a lot of potential thanks to the many natural resources it enjoys. Despite having all this, for your investment to thrive you need to have good financial insights. The following g are some of the financial tips shared by Igor.


First, diversify on your investments. The act of spreading your eggs in different baskets seems to be one of the most ideal investment advice. This too applies when it comes to the Brazilian economy. Most companies in Brazil are at their initial stages. It takes a professional with skills such as those of Igor Cornelsen to tell this. Therefore, by investing in Igor you will be able to know the different businesses to invest in thus potentially positioning yourself for greater returns in the long term.


Secondly understanding the economy. This tip is particularly relevant when it comes to outside investors. Before investing in any economy, it is always important to learn and understand how systems, both political and financial work. Instead of learning the hard way, through experience, Cornelsen will of valuable help to any new investor. Clearly, with past investment background, he understands how things work around the Brazilian investment market.


Investing in long term projects. Common knowledge has it that long-term investment ventures are less risky compared to short term. Igor advises investors first to test the waters by investing long term before going short term on the Brazil market.


Despite having valuable advises on investment, Igor has long retired from the industry. Currently most of his time he spend unwinding with friends on the golf court, however, he never misses one or two tips which he shares with his friends via Facebook. What about you connect with him via the Social Media to enjoy some of these tips.


Traveling Vineyards Invests In Their People

In the early 2000s, Rick Libby was sitting outside in the beautiful sun and began thinking about a frustration she was having. How was she to know which wine to purchase if she had never tried it before? That’s when the idea to create a new company came to her. Before she knew it, she was in someone’s home showing them her new business, and the great wine. From that moment in 2001 on, the Traveling Vineyard was born.

The company was taking off and people loved Rick’s idea. Yet, behind the doors something else was going on. Not agreeing with decisions made by his partners, Libby left Traveling Vineyards for five years. In 2010, the Traveling Vineyards were biting at their decisions and could no longer hold their own. The company decided to declared bankruptcy. Still in love with his original idea and passionate about helping his independent contractors, or Wine Guides, Rick Libby pulled all the money out of his savings account and bought his company back. With this, he reinvested not only in his company but in the people, making sure they get their commission checks three times a month.

One of the things that also had changed in the few years since Libby started the business is the need for advanced technology and a social media presence. The company has taken numerous strides in this area. They created a new look, sleek look in 2014 and in 2016 began allowing credit cards to be taken. The company which has “gone from broke to grapes aplenty” can be found on Instagram, Facebook, Twitter, Pinterest, and Youtube.

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