Naga P.
Chief Executive Officer and Board Member at Ratehub.Ca
Based in United States
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Seniority
C-Team
Department
General Business & Management
Location
United States
Industry
Financial Services
Company size
120
Contact information
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n•••••••@ratehub.ca
Phone
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Background
About Naga P.
Group GM, Multiple businesses End to end P&L owner generating >$1Bn ARR - Student Loan Refi, Personal Loans and Lending as a Service. ex-GM/Head of CreditCards. Recruited by new CEO in 2018, Anthony Noto to be a member of the new Executive team at SoFi. Handpicked by the CEO in March 2020 to run 2 of our biggest businesses, critical to IPO, when COVID hitGrew Personal Loans to >$1bn ARR/$3Bn/qtr foriginations rom $400mm/Qtr in Originations in 3 yrs while reducing LOL losses, CAC and increasing WAC; Over $10Bn in balance sheet;$260MM/Qtr Revenue;$200MM/qtr in Contr. ProfitRegained #1 Market Share in Student Loans despite Federal Student Loan Moratorium;$40MM Rev/Qtr;$30MM Profit/Qtr;$4Bn+ Balance Sheet. Used to be $2.4Bn/Qtr Originations and Launched Lending as a Service that will become a $30MM ARR business by end of 2023Founding member, Marcus by Goldman Sachs, consumer banking division of Goldman Sachs. 3rd person to join team after CEO and CIOAdvisory Board Member TransunionSeasoned operator and senior Executive with unique experiences of launching, scaling and operating successful products and consumer businesses across top banks and FinTechs across pre-IPO, post IPO as public companyRare blend of maniacal focus on customer and consistent business results (growth/P&L) quarter after quarterExceptional people leadership, management and communication skills in matrixed and vertical orgs. Recruited top talent – MDs from Goldman Sachs and VPs from Discover/Lending Club into SoFi as GMs, Heads of Marketing, Pricing etc.Previously, Co-Head of Product, Marcus by Goldman Sachs (reporting to the CEO/COO). Launched first 2 products under Marcus, personal loans and debt management. Head of Strategy and Partnerships, Marcus (reporting to the COO)- co-brands and point-of-sale financing, CreditCards - focused on getting Marcus to broader customer segments through non-D2C distribution channels.
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