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The Payoff Loans are designed expressly for the purpose of helping customers pay off credit card debts.
PRODUCTS & SERVICES
Financial products for refinancing debits. Loan designed to help individuals to payoff credit card debts.
Payoff generates revenue by charging interest on credit card debt payoff loans. The company also charge a fee to cover loan origination and closing costs.
Sandy - Utah Based first electronic Bank for loan origination.
Makes use of applied science, technology and psychology to design financial planning for their customers.
VALUATION / MARKET CAP:
$80 M in 2015
BOARD MEMBERS AND ADVISORS
David S. Kidder
NUMBER OF EMPLOYEES
DATE OF LAST FUNDING
SEED & PRIOR FUNDING
SEED CLOSED ON
SERIES A · $7 M · Dec 2013
SERIES B · $12 M · Oct 2014
SERIES C · $46.76 M · Jun 2016
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