GreenSky Credit links banks with prime borrowers

The world of fintech has often tried to focus on radically reshaping the way that banks and other participants in the financial sector do business. This has had generally poor results, with some of the largest fintech companies, like OnDeck and Lending Club, turning out to be colossal failures.

But one company, GreenSky Credit, has taken a far less revolutionary approach. The company was founded in 2006 by serial entrepreneur David Zalik. Rather than seeking to overturn the fundamental nature of lending, GreenSky Credit has instead focused on working within the established system and using its long-mature business model to create value in new places.

Zalik founded GreenSky Credit when he realized that many home improvement customers were unable to complete the renovation projects they started. This was happening as a result of many homeowners simply not being able to accurately estimate the final costs for these projects. Zalik immediately recognized that most of the projects that were in the high-five-figure to six-figure range were being carried out by people who were, in all likelihood, prime borrowers. He knew that if he could create a platform that would allow for instantly approved loans at the point of sale that he could probably generate billions of dollars in additional business for banks, contractors and home improvement companies.

This initial concept for GreenSky Credit would prove to be a home run. Today, the company has more than 650 employees and originates around $4 billion each year in new loans. Because the average GreenSky Credit customer has a FICO score of 760, the loans that can be instantly made often have incredibly good terms. Most of the loans that the company originates require no payment or interest for the first year and have no prepayment penalty. The vast majority of GreenSky Credit customers end up paying back the entire loan before interest rates kick in.

At the same time, lenders ranging from Fifth Third Bancorp to Regions Bank have benefitted enormously from getting a large number of prime-borrower loans on their books. And the contractors themselves may be the biggest winners. They enjoy billions of dollars in additional work that would otherwise not have materialized.

Wessex Conferences Provide Useful Information

The Wessex Institute of Technology, more commonly referred to as WIT or Wessex Institute, is an educational institute that offers higher education degrees. Wessex Institute is located in Southern England. They organize around twenty-five different conferences each year.

These conferences are held in multiple different locations. The Conference Program is a way for Wessex Institute to achieve their International knowledge transfer objectives. This program is continually growing. Wessex Institute encourages research and they act as a link between the academic bodies and the professional bodies. The conferences are on numerous different topics such as:

  • Defense Sites: Heritage and Future
  • Islamic Heritage Architecture and Art
  • Environmental and Economic impact on Sustainable Development
  • Design, Construction, Maintenance, Monitoring and Control of Urban Water Systems
  • High Performance and Optimum Design of Structures and Materials

These are just some of the topics that took place during the 2016 Conferences.

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ClassDojo Has Developed A Special Education Platform To Help Students Have A Better Learning Experience

ClassDojo has been making waves in schooling communities around the country since it was first released back in 2011. This is all thanks to the revolutionary educational platform they developed for students to help improve their quality of learning. Unlike most other companies on the market they have released platforms for education, ClassDojo’s application was majorly designed to improve the quality and amount of communication between parents, teachers, and especially students. The level of engagement students have in the classroom has been declining over the years, and this is especially true for young children that do not have the guidance or support from their parents and peers.

Students are able to feel much more connected with their schooling when they have the support and encouragement of their parents as well as teachers. This is why parents are able to stay in contact with teachers at all times throughout the day, and they can also check in on their child’s progress with their work as well as their behavior. This also saves parents and teachers a lot of time, since they no longer need to schedule parent teacher conferences and work around busy schedules. Instead, they can directly communicate and send information to keep each other informed through the ClassDojo platform.

One of the best parts about ClassDojo’s program is that it is completely free for everyone to take part in. All that is needed is a modern device with an internet connection and an invitation from a classroom’s teacher to join in on the experience. There are special features that cost money, but are completely optional and only help fund the application for the future.

ClassDojo was made with ease of use in mind, and this is precisely why it was developed so that even children or those with no experience using technology could get into it. On top of this, ClassDojo supports a variety of different languages for maximum compatibility as well as the majority of different devices on the market, as long as it has an internet connection. Based on what ClassDojo has been able to accomplish in a relatively short amount of time, with a completely free application, they are sure to make big changes in the schooling community in the coming years.


Founded by Liam Don in 2011, Class Dojo is an internet platform that allows easier exchange of information between teachers, parents, and students. It boasts of real-time feedback from student to teachers through all devices capable of accessing the web. The web platform has increased in popularity. Currently, it has registered over 3.5 million teachers and students. Class Dojo has also registered its use in 60 different countries across the globe.


By January 2015, Class Dojo had half of the teachers in American schools using the platform and enjoyed a whopping 35 million usage by students. The idea behind its inception was in search of how teachers, parents and students would be connected, to enhance a community relation for the betterment of students. Teachers would fully engage their students while generating reports that would be shared with the parents by use of access codes.


Over a span of three years, class dojo has been able to raise 21 million dollars in funds. Aiming to develop a technology that would engage teachers, guardians, and students by connecting and empowering them. Exchange of information from teachers to students and vice versa in real time will enhance growth. Growth can be realized by exertions given to a student by a teacher. Teachers can also provide more educational content through this platform.


According to Liam Don, the campaign to raise the money came to an end by late 2015. They have initially kicked off the project by expanding their workforce and researching on contents and features that can be useful to parents during on and off school.


Chaudhary, one of the co-founders, says that the main idea is to enable parents to have conversations, in regards to their children development in education, guided by facts and day to day progress. All the while creating a community ready to take responsibility and cultivate a positive culture and attitude in their children.

In its inception, Class Dojo was a tool meant to teach and encourage healthy behaviours, but recently, Class Dojo is used for parent, teacher and student interaction. Despite the platform being for education, Chaudhary sees its growth as analogous to social networks.


The platform is not driven by the desire to make money but by the needs of parents and teachers, an investor in the platform quoted. What they sought to achieve was to increase the chances of kids living successful lives by offering quality education through parent, teacher and student interaction. The investor said that the platform would later offer services that would enable parents, pay for school field trips and lunches using the mobile application.