It is all about determination and innovation; David Zalik

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Today, David Zalik is featured among top billionaires by the Forbes magazine. He was born in Israel and later moved to the US when still young. Soon after completing primary school he enrolled at Auburn University. He never attended high school education. His desire to date college ladies fuelled the entrepreneur skills. When still in university he decided to involve himself in computer assembling business. Business was doing great and soon after he dropped out of school so that he could focus on his business. He established a company by the name MicroTech which he later sold in 1996 and moved to Atlanta.

David Zalik decided to invest his fortune in real estate business. His investment grew and felt the need to explore new ideas. The established a web and mobile-development consulting firm called Outweb. It is out of the consultations with his clients that the idea to start GreenSky Credit was born. Zalik is currently the CEO of GreenSky LLC. The company was established in 2006, and its main operating base is in Atlanta. Recently, the company was listed among the top financial technology company in the US. The company facilitates the issuances of loans to clients through the use of technology. Through their platform, they can sign up merchants/clients and link them to willing banks and other financial institutions for loans.

Today the company has employed around 650 people. Besides the company has facilitated billions of loans. Zalik feels that by 2020 the company will have hit the $20 billion goals. The primary source of income is from originating and loan servicing. In September 2016 Fifth Third Bancorp, a bank in Ohio, partnered with GreenSky and also bought a stake worth $50 million. However, David Zalik still owns more than half of the company. According to him there no plans for floating share for the public. It is the same year that he was awarded the National EY Entrepreneur of the Year Award in Financial Services. Making it this far has not been an easy journey. David Zalik has attributed his success to hard work, determination, and innovation.

https://www.bloomberg.com/news/articles/2016-09-26/instant-lending-made-this-college-dropout-a-billionaire

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