Costa Mesa, CA-based Payoff has added Arkadi Kuhlmann, CEO of Zenbanx to its Board. Kuhlmann is a serial entrepreneur, best known for founding ING Direct.
Kuhlmann has been involved in 6 banking startups.
He is welcomed to the Payoff Board to join currently serving members Mohamed El-Erian (Former CEO, Pimco), Arianna Huffington (Founder, President, Huffington Post Media Group), Joe Saunders (Former CEO, Visa), Sean Park (Founder, Chairman, Anthemis Group), Jim Lane (Former Partner, Goldman Sachs), and Scott Saunders (Founder, CEO, Payoff).
As highlighted in a recent analysis and accompanying infographic, Payoff has identified nearly 20 millions creditworthy Americans who carry significant monthly credit card balances. On average those balances and minimum monthly payments could cost them more than $250,000 in potential retirement savings vs. refinancing and paying them in the next few years.
Founded in 2009, Payoff is a consumer-focused digital finance company. Payoff builds transparent and empowering financial products with the customer’s best interest in mind. Payoff is backed by top-tier venture capital firms and some of the most prominent individuals in financial services.
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