Synchrony

Synchrony is a prominent American consumer financial services company based in Stamford, Connecticut. Founded in 1932 as General Electric Contracts Corporation, it became an independent publicly traded company in 2014. Synchrony specializes in a variety of consumer financing products, including private label credit cards, promotional financing, installment lending, and loyalty programs. Its online bank subsidiary, Synchrony Bank, supports these offerings.

The company issues co-branded credit cards for major retailers like Amazon, Lowe’s, and Walgreens, providing tailored credit solutions. It also offers CareCredit for healthcare expenses, digital payment platforms, and a digital gifting solution called GiftNow. With over 70 million active accounts and more than $180 billion in sales financed, Synchrony serves a diverse customer base, partnering with well-known brands to enhance the shopping experience and foster customer loyalty. The company is recognized for its commitment to innovation in payment technology and consumer finance.