NEW YORK, May 24, 2018 (GLOBE NEWSWIRE) -- GreenSky, Inc. (NASDAQ:GSKY), a digital commerce platform, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
GreenSky, Inc. powers commerce at the point of sale for a growing ecosystem of merchants, consumers and banks. Its highly scalable, proprietary technology platform enables over 12,000 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 the company’s inception, 1.7 million consumers have financed over $12 billion of commerce using GreenSky’s paperless, real-time “apply and buy” technology.
“GreenSky’s technology addresses a large and growing opportunity to accelerate commerce at the point of sale,” said David Zalik, founder and chief executive officer. “Our roadmap to capture growth opportunities and deliver profitability to our shareholders is clear: continue to grow our current business, expand our network of merchants, enter new verticals, and broaden the solutions we offer to both businesses and consumers.”
“We are proud to welcome GreenSky, a company at the forefront of innovation in financial technology, to the Nasdaq family,” said Nelson Griggs, President, Nasdaq Stock Exchange. “As home to the visionaries and technology leaders, we look forward to supporting GreenSky as it continues to innovate and revolutionize point of sale commerce.”
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About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: http://business.nasdaq.com
About GreenSky
GreenSky, Inc. (NASDAQ:GSKY) powers commerce at the point of sale for a growing ecosystem of merchants, consumers and banks. Our highly scalable, proprietary technology platform enables over 12,000 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, over 1.7 million consumers have financed over $12 billion of commerce using our paperless, real time “apply and buy” technology. GreenSky is headquartered in Atlanta, Georgia. For more information, please visit www.greensky.com.
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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/eb591aa6-a70f-4234-ac48-ade48537f9aa