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gradifi, a first republic company
Information by Research TrustFinance
Founded in 2014 and acquired by First Republic Bank in 2016, Gradifi's mission was to help individuals tackle the burden of student loan debt. The company pioneered the SLP Plan® (Student Loan Paydown), which allows employers to make direct contributions to their employees' student loans. They also offered programs for contributions to 529 college savings plans. Following the failure and receivership of First Republic Bank in May 2023, and its subsequent acquisition by JPMorgan Chase, Gradifi ceased onboarding new clients and its operations have been wound down.
United States
Industry
Financial