Adam Milstein is the founder of the largest pro-Jewish organization in the United States known as the Israeli-American Council. This organization has been in existence since 20007 and has helped promote the welfare of the Jewish Americans community. The main goal of this organization is to foster unity among the Jews and also to unite them with the Americans. Jews and Americans have for a long time been partners on many international issues. Milstein hopes they can leverage on this friendship and help preserve the identity of the Jews, which seems to be under constant threats from the radicals. This organization is also interested in creating a strong generation of Jewish leaders who will be ready to stand up and defend the community at all times.
Adam Milstein has played the roles of a community leader, an activist, a businessman and a philanthropist very well. He has been using the proceeds from the business side to work on promoting other activities that he is currently engaged in. He has managed to bring together the Jewish Americans community because of the passion he has for the unity of the Jews. He believes that Jews should be given the same opportunities just like other communities. The major threat facing the community is anti-Semitism, which seems to efforts towards eliminating all Jews from the face of the earth.
Adam Milstein has also created a family foundation to engage in philanthropic causes. The Adam and Gila Milstein Family Foundation is one of the most accomplished Jewish philanthropic organizations. They have been engaging in causes that support the education of the young Jews living in the United States. Faced by the challenge of seeing very many Jewish Americans who understand very little about their identity, Adam Milstein and his wife, Gila opted to make a move that would bring a change.
Adam Milstein has so far worked with over 100 pro-Israeli organization with the aim of supporting causes that promote the welfare of the community. He believes that if the Jews stand together and fight oppression that comes from supporters of anti-Semitism, they will surely win the war. Adam Milstein is optimistic that the steps he is taking to promote Israeliness will see a new generation of courageous and innovative Jewish leaders come out.
Greensky is a fintech that connects borrowers with banks for instant loan processing. It is seen as an offline version of Lending Tree. It does not send any money to borrowers but offers the technology needed to connect borrowers to the lenders. It makes its profits through the fees it charges to facilitate the transaction between these two parties. It is one of the best performing fintechs at the moment. In 2017, it managed to facilitate over $230 million in loans which was a huge improvement from what had been recorded the previous year.
GreenSky offers win-win-win
Investors in this fintech have high hopes that it will turn out to be one of the most successful investments in the future. One of the early investors in this company is the co-founder of Capital One Nigel Morris. He is the first institutional investor to buy shares in this company. One might want to know what win-win-win standards for. Nigel Morris came up with this description referring to the fact that merchants, consumers, and banks benefit from the operations of the fintech.
Nigel Morris is a reputable investor who managed to build Capital One from a tiny startup to the largest credit card issuer in the world. So, when he talks about the prospects of GreenSky being the next big thing, he is doing it from the point of information.
Why is it a win-win-win?
Nigel Morris calls this a win-win-win business for obvious reasons. Merchants or contractors get a chance to convert customers who were stranded without cash to pay for services and even upsell other services since the loan processed can be higher than the actual amount applied for. Consumers, on the other hand, enjoy the freedom of paying for certain services with flexibility. The loan repayment is paid over time and therefore does not bother the consumer too much. To make it better, consumers pay for the loan without incurring any interest. For the banks, they benefit from high loan volumes with minimal effort.
In the whole process of win-win-win, GreenSky also benefits. Each of the transaction it facilitates is charged. They also get a consistent stream of income for the period of servicing the loan. The transaction fee usually is about 7.4 percent of the transacted amount.