LoanGifting Appoints New General in Battle Against Student Debt
CrowdFunding + LoanBenefits™ company attracts Todd Geller - Direct Response Veteran with 20+ years of industry experience
THOUSAND OAKS, Calif., July 11, 2017 /PRNewswire/ -- LoanGifting, the first of its kind to directly challenge the student debt epidemic by harnessing the power of friends, family, and employers to drive student loan repayment, recently announced the addition of a new key executive, Todd Geller, to its existing management lineup.
"Along with Founder and CEO Ravi Sawhney, who brings depth of operating experience from RKS Design, we are elated to bring a tenured and proven leadership team member to our thriving FinTech platform," said Kelly Kimball, LoanGifting investor and board member.
Todd Geller has taken the helm as LoanGifting's new President, after holding senior executive roles in the direct response advertising space for more than 20 years and driving leads and sales for some of the largest direct response companies in the world, including Ditech, Herbalife, US Army, Kaplan University, True Credit, Life Alert, and the Chicago Tribune, to name a few. Todd served for the last seven years as the Senior Vice President of Convirza (formally Logmycalls) and CallSource, a SaaS-based platform, where he led business development, sales, marketing, pay-per-call, vanity, and client services. Prior to Convirza and CallSource, Todd served as President of the one of the largest advertising networks in the world, InternetFuel, launching almost 100 million pop-up advertising impressions per day to more than 35 million users.
"With our now 40+ years of experience and collective track record, we are extremely well positioned to scale the business and serve our employer partners and college graduate consumers at their point of need," added Ravi Sawhney, LoanGifting founder and CEO.
"I'm excited to join LoanGifting, a company playing a leading role in eliminating student debt. LoanGifting's strong software SaaS technology and unique value proposition for student debtors and their employers allow for a distinct paradigm shift in the way we look at student debt and finance today. We're changing the model of crowdfunding in that we pay the lender direct, not the student debtor. LoanBenefits™ leverages LoanGifting as a business benefit, which is like a 401k benefit but has a better return on investment. Overall, there are over 45 million people with $1.5 trillion in student loan debt and over 60% of those are women. Our mission is to help every individual who has a student loan become student debt-free," said Mr. Geller.
This leadership announcement comes on the heels of LoanGifting's recent launch in February of this year, and in anticipation of a new employer-focused service platform.
About LoanGifting
Founded in 2015, this SaaS product focuses on FinTech solutions to directly challenge the student debt epidemic. LoanGifting started as a crowdfunding site for Student Loan Debtors but due to overwhelming demand by employers for an employee benefits solution, LoanGifting developed Student LoanBenefits™, a benefit similar to a 401k but with a better return on investment. Given the growing demand for student debt relief and thousands of users joining the site, employers partner with LoanGifting to provide Student LoanBenefits™. The service operates as a direct pipeline for student loan repayment and connects millions who have student debt with their extended network of family, friends, and employers. Through these connections, LoanGifting allows a student debt holder's network to give directly to his or her loan. In doing so, their loan principal and future interest is reduced, and subsequently, the length of time it takes to pay off loans is reduced.
www.LoanGifting.com
contact: PR at LoanGifting
phone: 805.370.0241
email: [email protected]
SOURCE LoanGifting
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