GreenSky Embraces a New Direction in the Finance Industry


With globalization and advancements in technology, every industry is committed to keeping up with the changing needs of the market. If well implemented, technology presents significant changes in enhancing business operations. Today, there are wide ranges of technological innovations aimed at improving operations in the finance industry. GreenSky  LLC is at the forefront in ensuring it extensively uses technology in the daily business activities.

General Overview

GreenSky  has been in business since 2006, with its headquarters based in Atlanta, Georgia. Over the years, GreenSky is committed to the delivery of high-quality services to clients in the finance world. At GreenSky, clients access extensive technology remedies to banks and financial merchants. Through technology, the financial bodies can effectively offer loans to their clients. Such loans are mainly suitable for home improvement purposes, healthcare, and solar. GreenSky draws its finances from other financial institutions. The Company’s credit program put about 5 billion dollars in circulation from 2012 to 2016.

GreenSky  thrives by enrolling merchants to its system who in turn provide items for improving homes and facilitating elective medical procedures. Since it does not generate its operating capital, its popularity at the fintech market section is low.

Business Valuation and Operations

Notably, in 2016 GreenSky raised up to 50 million dollars’ worth of capital. Additionally, a 2 billion lending plan was established in partnership with the Fifth Third Bancorp of Cincinnati in Ohio. As a result, the firm gained a value of 3.6 billion dollars. According to The Wall Street Journal, this value was the key to GreenSky’s title as one of the most valuable private financial business establishments in technology.

GreenSky  mainly offers credit cards sup-plantation services for large companies. It seeks to enhance consumer-based spending on specific projects. Additionally, the firm develops a suitable payback period with fixed terms and interest rates. The GreenSky Chief Executive Officer notes that the firm is a technology-based firm and not a bank in competition. Through the SSAE lending program, the firm successfully runs its operations. More of this information is available at GreenSky’s Wikipedia page.


With a team of skilled, committed and experienced executives and employees, GreenSky  is ready to lead the financial technology sector.

What Igor Cornelsen Brings to the Investment World

There are lots of people that are searching the web and finding investment information from people like Igor Cornelsen. He has been been on websites like CNN as a long term investor that teaches people how to acquire profitable investments that continue to earn money well into retirement for most investors. He is someone that is quick to let people know that it is not about getting into the stock market and simply looking at stocks for the next 10 or 15 years. Instead, Cornelsen recommends that one should play the stock market for life. This is a surefire way to maximize returns.

It is just a matter of time before people start to realize that there will be highs and lows in the market that can totally shake the foundation of their portfolio on That is why it is going to be better to diversify and engage in lifelong investing. The great thing about this is that it becomes generational wealth that can be passed on down to children. This is something that a lot of investors would probably like to do, but they may not know how. That is why Igor Cornelsen is providing a valuable service. He allows people to see how they can diversify through international investing and acquire better returns.

A good number of investors that have been to Brazil may have come as tourists. They may have never considered investing as an option. Someone like Igor has looked at this area as more than a tourist spot. He knows that there are opportunities to make money if you invest. This knowledge has been acquired through the time that he worked in Brazil. Igor Cornelsen knows about the political issues that can hinder the investment process, but he encourages investors to pursue Brazilian stocks despite this. He knows that there are great profits that can be reaped from Brazilian investments mentioned on He also knows that the rate of return is higher for index funds sometimes in Brazil than it is in America. That means that the investment is worth it. He gained this knowledge from his own experiences.


Capitol Groups New Chairman View on Investment

After the demise of Capitol Groups’ chairman Jim Rothenberg, the company was left with a decision as to who should fill the gap. Timothy Armour was one of the leading candidates for the position. He was actively involved in the fight against the increase in the use of index tracker fund. He was successful in assuming the chairmanship and still is the incumbent.

Prior Chairmanship of the Company

Before his election as the chair of the company, Timothy Armour was the management committee’s chairman and Capital Research and Management Company. He was a close deputy to the late Jim Rothenberg whereby he was among the board members involved in in-house research and design to show the long-term benefits of the particular types of active fund management. He was involved in raising some secrecy surrounding the company’s operations by engaging the media.

Timothy Armour’s Advice to Entrepreneurs

According to Timothy Armour, entrepreneurs shouldn’t be comfortable with benchmark results. He feels that there are better alternatives out there waiting to be endowed. Also according to research done by Capitol Group, managers can do better in the market as long as they keep low their charges and do not churn their portfolios.

Commenting regarding the market selloff of 2015, Timothy Armour said the market correction was not a surprise since for the past six years; a lot of changes were experienced in the US market and other rising markets from other parts of the world. He felt that the changes were necessary as they help remove pockets to excess.

However, he expressed his thoughts that the US market was not performing as many would have expected. This disappointed, he said was brought about by a mix of data that had predicted otherwise. According to Timothy, the Federal Reverse needed to go ahead with raising rates since the near zero rates led to investors taking undue risks.

About Timothy Armour

Timothy Armour has spent his entire career life at Capitol Group having been there for over 33 years. During his early years in the company, he was involved in analyzing global Telecoms and US service companies. Currently, Timothy is also involved in an eight-person management committee that deals with giving the asset management firm a more collegiate leadership structure unlike their competitors, who use traditional chief executive.

He started his career as a participant in the Associate program at Capitol Group investment. He has excelled through many levels in the company to be the chairman of the enterprise today. Timothy Armour holds a bachelor’s degree in Economics from Middlebury College.