Analysts project GreenSky Finance’s 2024 revenue growth at 7.2%, citing steady demand for point-of-sale lending solutions, especially in home improvement markets where consumer financing usage is rising. On LinkedIn, Cohen called Goldman an “astonishing institution made up of incredible individuals.” She named several colleagues, including Solomon, in a thank you note “for supporting me these last 25 years as I wrestled with new challenges and navigated life’s complexities. It is this support and friendship for which I am eternally grateful.” GreenSky CEO Tim Kaliban said in a news release Friday that the institutional investors will bring "funding, scale and continuity" to the tech company, which also plans to deepen its long-term partnership with Synovus Financial. Sixth Street, which has more than $75 billion of assets under management, led the investor consortium and plans to help GreenSky "deepen its focus on helping grow the businesses it serves," Michael Muscolino, co-founder and partner at Sixth Street, said in the release. GreenSky Finance’s beta at 1.42 indicates above-average sensitivity to market swings, which is crucial for active portfolio managers balancing risk and reward expectations.
