What does Gradifi do?
About Gradifi
Gradifi offers both a student loan repayment benefit and college savings benefit program through its scalable, easy-to-implement online platform. Gradifi's mission to help employers compete more effectively for talent by providing employee benefits that support an employee's investment in education.
How much does Gradifi cost?
Gradifi charges companies $3 to $5 per employee -- which is less than companies would pay to build and operate their own platform. But Gradifi's biggest benefit to companies is that it lets them outsource to an expert the process of making payments directly to employees in a secure, efficient, and scalable manner.
What is Gradifi Refi?
Gradifi offers special student loan refinancing options and rates through leading lenders, including First Republic and LendKey banks, allowing you to consolidate payments and lower your student loan payments and interest rates. ... Planning and paying for college. Repaying private and federal student loans.
What is Gradifi by Etrade?
About Gradifi
Gradifi is leading the way in providing innovative financial benefits that empower employers to help brighten the financial futures of their employees with contributions to their student loans, options to refinance their loans, and help save for their children's educational futures.
How does Gradifi make money?
Gradifi sells their SLP Plan platform to companies and then manages the technology for employers that sign on. With a lean 14 employees, Gradifi has $3 million in seed funding and is planning for a Series A funding round next quarter.
Why did first sell Gradifi?
“Despite the success and momentum of company onboarding, management felt that the business would ultimately be better fitted for a company that specializes in selling corporate benefits, driving their decision to sell Gradifi to E-Trade,” Wells Fargo senior analyst Jared Shaw told clients Monday.