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Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary.
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On July 31, 2014, Synchrony Financial raised $2.9 billion in its IPO when GE sold 125 million shares (15%) of the company. [ 85 ] On April 10, 2015, it was announced that GE would sell most of GE Capital's commercial and consumer businesses within two years, focusing instead on its leasing businesses connected with GE's manufacturing businesses.
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Synchrony is a member of the FDIC, so all of the deposit accounts are FDIC insured for up to $250,0000 per ownership category. Additionally, Synchrony requires two-factor authentication to sign ...
PayPal Credit, formerly named Bill Me Later (BML), is a proprietary buy now, pay later payment method offered on merchant websites, including those of Wal-Mart, Home Depot, USPS and eBay in the United States. [1]
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Synchrony may refer to: Synchronization, the coordination of events to operate a system in unison; Synchrony and diachrony, viewpoints in linguistic analysis; Behavioural synchrony, coordinated action in animals and humans; Synchrony Financial, an American financial services company; Synchrony (Dune), a fictional planet