In the quest to ensure a smooth running of activities in the finance industry, David Zalik formed GreenSky  in the year 2006. He intended to make a company that would render credit services to the general public without exploiting them. This was after observing the way the financial institutions in the sector exploited the loan consumers by offering them extortionate rates that left them in a more financially unstable position than they were before borrowing. The other reason that persuaded David Zalik into the establishment of GreenSky  was the fact that the process of loan application had been so long that the customers of the credit services spend more than a week waiting for their loans to be approved.

After keen observation of these issues, Zalik decided that he would do business in an unusual way so that he could get different results from the existing ones. The first notable thing that he implemented in GreenSky  was to make the company a wholesale credit service provider. This meant that instead of trying to reach the target customers, the organization would rely on the smaller financial lenders, contractors, and the wholesale merchants, who would wish to provide their services to their clients on credit terms but lacked the capacity. GreenSky would act as an assurance to these merchants and small creditors so that they could maintain their clients through the provision of the credit services while at the same time, GreenSky  benefits from the wide market of the firms.

One thing that has led to the flourishing of GreenSky  is the strategy that the company’s CEO uses to market their services. Instead of using the media for promotion and advertisements like the other companies prefer, Zalik and his team of employees focus on building relationships with the stakeholder of the target organizations. This makes it easier for GreenSky  to engage in viable contracts with the firms and as a result, benefit mutually. GreenSky has tremendously benefited from this initiative because it has been able to transfer its credit risk to the smaller firms while at the same time, it leverages the broader credit markets of the merchants.

https://www.forbes.com/sites/greatspeculations/2018/09/05/greensky-now-looks-undervalued-given-strong-q2-performance-alliance-with-amex/#5d78658d5eda

Whitney Wolfe is ultimately one of the few women in the world who are changing the way people are thinking. This woman has created a unique app that is making dating something worth getting in to once again. This app gives women all the power when deciding who they are going to date. Women and men will match on Bumble, but in order to keep the match, the woman must send the guy a message to start the conversation. Men cannot send the message first. Not only is this brilliant but it helps eliminate all the random guys who would want to send a creepy first message. Visit deadline.com to know more about Whitney Wolfe

Whitney Wolfe has recently added in the Snooze Button feature that allows for women and men to stop using the app for a bit if they so choose to take a break from swiping. Bumble noticed that many users would delete the app from their phone but not their actual account. They would do this to help take a break, but this new feature let’s you utilize the chance to send an instant message to your matches saying, “Hey, I’m on a break from this app right now but will be back on it soon.” It just makes it so much more convenient and helps eliminate the chance to miss out on the people you could have forgotten to speak to. Whitney Wolfe is here to help provide men and women the chance to not use the app all the time and get the benefit of it not giving you notifications for awhile and letting your matches know.

Bumble is such a great dating app because of its constant growth on the dating industry right now. Men need to be shown that disrespecting women on social media and dating apps is not okay. It will no longer be tolerated, and there are people looking to rapidly change their love life and using this app can make this a reality. Whitney Wolfe is proud of how far Bumble has come. The headquarters is continuously changing and improving their work ethic, and who knows what’s next for Bumble.


Learn more: https://www.crunchbase.com/person/whitney-wolfe

 

ClassDojo is an app that enhances communication among teachers, parents, and pupils. With this app, they can send videos, messages, and photos that help them in learning what is happening in schools and homes. This communication app helps them work as a team and bring in new ideas for both the classroom and home life.

The app’s aim is to improve children education. Children feel happy since they have the chance to share what they do at school with their parents. Parents, pupils, and teachers can unite to create an ideal classroom community of their choice. This platform can be a motivation for teachers too.

Initially, ClassDojo focused on behavioral learning, but now it offers communication between parents and educators. The app is essential because parents can now contribute to what the children are doing at school from home. Teachers use this app to send photos and videos of the pupils’ progression in the classroom to the parents. With this app, parents are aware of the problems kids might be facing at school and the kind of activities they take every day.

With this, they do not have to wait until the end of year speeches to get to know about it or during the parents’ teachers meeting days to know about their children’s weakness. The positivity creates open communication between parents, educators, and pupils. It also enhances better understanding, and students feel free to share things with their parents.

With ClassDojo, parents can see what strategies teachers are using to instill knowledge to the students and determine if the methods are working. Parents can then suggest changes that can help improve the learning methods.

ClassDojo is working hard to ensure that more people in the United States can access the technology. In every three schools, two schools are already using the app and they are trying their best to increase the number. They are also developing more content for parents. This app will also allow parents to buy books or make discussion guides that they can use at home with their children.

The app could make work even easier for the parents as its features improve to make it possible to pay money via smartphones. ClassDojo will ensure a better learning environment in classrooms and schools.

Since 2011 when it was launched, ClassDojo has attracted tens of thousands and in recent past the company saw tremendous growth and the reception is awesome for such a startup. To keep up with the pressure to develop and become a globally appreciated application, ClassDojo arranged a funding campaign that led to the collection of $21 million.

 

This money, according to founders Lim Don and Chaudhary will be used to market and add useful features that can be monetized because they have been operating the basic version that offers teachers, parents and students an easy way to connect and share moments. In the presence of the ClassDojo application, the learning process is streamlined and all barriers eliminated through on-the-spot solutions. Parents are able to receive video updates highlighting the progress of their children and showing how they have been faring.

 

One of the things ClassDojo is eliminating is the need for parents to keep traveling to the schools whenever an issue needs to be discussed. With ClassDojo, these meetings are no longer useful and an important part of the teaching process since the application allows them to share information in real time. Parents can see how their kids are doing and the students can easily voice their concerns through the platform. Having a system that offers joint management of the learning process means students will gain more through the community.

 

The capital that was raised in the Series B funding campaign will also go to the enhancement of security features since most users are concerned about their security and privacy. Nobody wants to lose vital information in the process of sharing moments.

 

And this is the same reason the conditions offered do not allow the management of the platform to use information shared by members for any other purpose apart from the one described in the agreement. Although the community has not earned any revenue yet, the founders are in the process of developing premium features that users can subscribe.

 

More about ClassDojo

ClassDojo is a mobile application that was developed and launched in 2011 by founders Chaudhary and Liam Don. The system is a community that is connecting teachers, parents and students and offering them a perfect way to connect and share moments.

 

The main aim of developing ClassDojo was to make learning an easy process and this has been achieved in many schools since teachers can share the progress of students with parents. Currently, 2 in 3 the U.S. schools are using ClassDojo and it is estimated by 2019 at least 85 percent of schools in the U.S. will be using the application.