LendKey and Gradifi Team Up to Help U.S. Employers Offer a Student Loan Refinance Benefit to Employees
July 18 2018 - 9:00AM
Business Wire
Gradifi, a leading provider of student loan and college savings
benefits, today said it is now offering access to LendKey’s
nationwide network of lenders through Gradifi Refi, a student
refinance program for employers seeking to help their employees
save money or reduce the monthly payment on their student
loans.
LendKey is the recognized leader in digital lending solutions,
providing a user-friendly, quick and transparent marketplace for
refinancing student loans. LendKey partners with nearly 300 credit
union and bank lenders that provide student loan refinancing
options to members of the Gradifi Refi program.
“By teaming up with LendKey, Gradifi can now offer many more
student loan refinance options and allow employers to address the
No. 1 concern of many employees – the high cost of repaying student
loans,” said Meera Oliva, Chief Marketing Officer of Gradifi.
“LendKey offers a seamless experience with terrific educational
tools to help employees make smart financial decisions.”
Gradifi Refi is one of three employee benefit solutions from
Gradifi that enable employers to positively impact their employees’
financial well-being. Gradifi’s SLP Plan® (Student Loan PayDown)
benefit helps employees pay off their student loans faster through
employer-sponsored contributions to their student loan provider.
The College SaveUp benefit helps employees save for their
children’s education and avoid further student debt through
employer contributions to an employee’s 529 college savings plan
account.
“LendKey and Gradifi share a common mission: to enable dreams
for borrowers burdened by student loan debt,” said Lewis Goldman,
Chief Marketing Officer of LendKey. “We’re proud to partner with
companies like Gradifi to extend the benefits of student loan
refinancing to Gradifi members who are looking for a break from
high-interest student loans to lower their monthly payments.”
About LendKey
LendKey pioneered the lending-as-a-service model enabling
white-labeled, digital lending solutions that transform financial
institutions who prioritize people over profits. LendKey's
customized solutions help financial institutions enable dreams for
their borrowers while managing liquidity, reducing costs, and
mitigating risk. The company has revolutionized the entire lending
process for these institutions including demand generation, online
decisioning, loan origination, customer service, compliance, and
balance sheet management. Founded in 2009 and based in New York and
Cincinnati, LendKey works with hundreds of credit unions and banks
deploying more than $2 billion in capital to date. LendKey was
recently named one of Fortune’s Great Places to Work®. For more
information, please visit business.lendkey.com or email
pr@lendkey.com.
About Gradifi
Gradifi is an innovator in educational employee benefits for
U.S. employers. Gradifi’s mission is to help employers build
loyalty with their workforce by providing employee benefits that
positively impact their employees’ financial well-being. Gradifi
offers a single-platform solution to allow employers to offer
employees student loan refinancing opportunities, and
employer-sponsored contributions to student loans and 529 college
savings plan accounts. A unit of First Republic (NYSE:FRC), Gradifi
works with employers of all sizes across the U.S.
www.gradifi.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180718005084/en/
Gradifi Media ContactElizabeth Yekhtikian,
617-686-9541gradifi@inkhouse.com
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