Financeit announces expansion into the U.S. with Steve Olszewski as General Manager
The
"Joining the team to lead the organization's
Olszewski, a long time professional in the point-of-sale lending business, previously held the role of CEO at Spruce Finance and senior leadership roles at both Discover Financial Services and
"This is an exciting time for Financeit as we prepare to launch into the U.S. market. Steve and Jonathan will be invaluable in leading a successful launch and accelerating our growth in the market," says Michael Garrity, Founder and CEO, Financeit. "Their vast lending experience and deep understanding of the point-of-sale industry will allow us to hit the ground running this year."
In addition, Financeit welcomes two new Directors,
"This is a great time to be in the home services lending space. Innovation, fresh thinking, and bold product offerings are needed and Financeit is very focused on filling this space with their innovative solutions," says Balagna. "I'm excited to bring my prior experience in this industry to assist such a fast-growing and energized team."
Financeit has been rapidly expanding its reach and product offerings since the closing of an investment round by Goldman Sachs in 2017. The acquisition of
Since launching in 2011, Financeit has attracted over 7,000 merchant partners and has processed over
With insights and direction from home service industry veterans, Financeit continues to focus on alleviating home renovation debt and accelerating the home improvement business. Partnership announcement to follow.
About Financeit
Financeit is a market leading point-of-sale financing provider servicing the home improvement, vehicle and retail industries. Financeit's innovative cloud-based technology makes it easy for merchants to increase close rates and transaction sizes with affordable monthly or bi-weekly payment plans. Financeit's platform features a fast, transparent application process and has serviced over 7,000 merchant partners across
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