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About the Company
Synchrony Financial is a consumer financial services company headquartered in Stamford, Connecticut, United States. Prior to its 2014 initial public offering, Synchrony operated as GE Capital Retail Finance Corporation and was a division of General Electric. The company offers consumer financing products, including credit, promotional financing and loyalty programs, and installment lending, and FDIC insured savings products through Synchrony Bank, its wholly owned subsidiary. Synchrony raised $2.88 billion in its initial public offering, making it the third largest IPO of 2014. It is publicly traded on the New York Stock Exchange.
Synchrony is the largest provider of private label credit cards in the U.S. based on purchase volume and receivables. The company works with different industry segments including: apparel, automotive, co...