Concora Credit
Formerly | Genesis Financial Solution |
|---|---|
| ISIN | 🆔 |
| Industry | Finance, credit |
| Founded 📆 | 2001 |
| Founder 👔 | |
Area served 🗺️ | |
| Members | |
Number of employees | |
| 🌐 Website | https://about.concoracredit.com/ |
| 📇 Address | |
| 📞 telephone | |
Concora Credit, formerly known as Genesis Financial Solutions, was established in 2001 by Irving Levin. Concora Credit is a servicer of consumer loans, offering both general-purpose credit cards and private-label programs.[1]
Overview
In 2001, Genesis Financial Solutions was founded as a consumer specialty finance company focused on the acquisition, origination, and servicing of non-prime consumer credit. In 2017, the company announced its acquisition with Signet Jewelers which sold its revolving credit portfolio to Genesis Financial Solutions.[2][3]
Genesis Financial Solutions rebranded as Concora Credit in 2023.[4][5] In that same year, Concora Credit acquired Great American Finance Companies' private-label portfolio and merchant relationships.[6]
Concora Credit provides credit to non-prime consumers through credit programs and private-label credit card programs.[7]
References
- ↑ "Genesis Financial Solutions Closes Growth Equity Investment from The Edgewater Funds – Edgewater Funds". 27 February 2019. Retrieved 8 January 2026.
- ↑ "Genesis Financial Solutions looks ahead following Signet deal". www.bizjournals.com. Retrieved 8 January 2026.
- ↑ "Signet Loses Shine as Sales Retreat, Will Sell its Credit Portfolio". Wall Street Journal. 2017-05-25. ISSN 0099-9660.
- ↑ Gusinow, Sander (2023-09-27). "Genesis Financial Solutions Becomes Concora Credit". Oregon Business. Retrieved 10 January 2026.
- ↑ Staff, Furniture Today (2023-09-27). "Genesis Financial rebrands with new website and tagline". Furniture Today.
- ↑ "Concora Credit acquires Great American Finance Co. private-label portfolio - Furniture Today". Furniture Today. 27 December 2023.
- ↑ Arroyo, Carmen; Tan, Gillian (2024-07-24). "Castlelake Exploring $1 Billion Sale of Concora Credit". Bloomberg.com. Retrieved 10 January 2026.
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