Dolr

?Founder Spotlight: Naveed Iqbal - The Visionary Turning the Tide on Student Debt! ? Naveed Iqbal, Ph.D., embarked on a mission to tackle one of the biggest financial challenges of our time—student debt. What began as a personal drive to find a solution to an increasingly overwhelming problem has evolved into a groundbreaking platform that is revolutionizing how we think about debt repayment. Dolr is leading this charge, offering innovative solutions that make paying off student loans faster, easier, and more collaborative. Ohio Angel Collective is proud to collaborate with Dolr, supporting their mission to reshape the financial future for countless individuals burdened by student loans. ?? Meet Naveed Iqbal, Ph.D. Growing up in Tanzania and later earning a Ph.D. in Applied Mathematics, Naveed’s journey is a unique blend of global perspective and academic rigor. His time in consumer risk management at a major U.S. bank opened his eyes to the crippling burden of student loans and the lack of effective solutions. Driven by a deep passion for education and financial freedom, Naveed founded Dolr to not only address the debt crisis but to make the repayment process more efficient, accessible, and supportive. His leadership has turned Dolr into a lifeline for borrowers, reshaping the way we approach debt. ?? What is Dolr? Dolr is not just a platform; it’s a movement that empowers individuals to pay off their student loans faster with smarter, community-backed strategies. By integrating cashback from everyday purchases, contributions from employers, and support from family and friends, Dolr turns debt repayment into a team effort. It automates payments, maximizes savings, and accelerates the journey to financial freedom—helping users shave years off their loan terms while saving thousands in interest. Dolr is reimagining debt repayment as a collective effort, making it a revolutionary tool in the fight against student debt. ?? Learn more about how Dolr is reshaping the future of student debt repayment: https://www.getdolr.com/ #InnovativeFinance #Fintech #StudentLoans #Leadership #FinancialFreedom #OhioStartups Will Zell, Corey Myers, Tom Schoger, Patrick Klein, Ryan J. Beal, Jeff (J.D.) Davids, Mike Supeck, Roen McCullough

Is the word "#pivot" overused too much in startup land? Maybe so, but none the less, it's still a "pivotal" moment when you have to change direction and think differently about your future. This week's guest talks about a huge shake up that required him and his company to #rethinkrevenue...and do it quickly in order to survive. In the words of Naveed Iqbal, Founder and CEO at Dolr, "We are here because we chose to be, we chose not to die." Tune in to hear more about his choice to survive and build a company around solving a large problem in our world...student loan debt! Ed Porter Blue Chip CRO James Rores jamesrores.com

There are 2M fewer people enrolled in college than there were 10 years ago. Yet, the total tuition has grown by $18 BILLION in the same period. College enrollments have been declining over the last decade. No doubt fuelled by the cost of higher education. BUT, up until the pandemic in 2020 college tuition was steady. Hovering around $276B per year. So why the massive jump in tuition from 2021 to 2024? Tution went from $272B to $295B. A $23B spike in 4 years. How? ... Why? My two cents: the pandemic scared institutions of higher education. And the student loan forgiveness talk emboldened them. The small spike in enrollments this year helps them justify their actions. This is why any student loan debt reform has to address reform in how education is priced and delivered. graph credit: MyeLearningWorld with data from NSCRC. Let me know if you want to read their report and I'll share. Thank you for sharing this mind blowing data with me, Ryan J. Beal!

Most financial planning exists to address one fundamental constraint: ?? people have a fixed income This constraint has spurred many industries: ? The (side) gig economy from uber to etsy and everything in-between ? Almost the entire "finfluencer" space (finance influencer) ? The classic, "get your real estate license" group And likely many others (what did I miss?) With Dolr we started with the same "fixed income" constraint. And turned it on it's head. Dolr is a found money platform accelerating people to $0 student loan debt. In half the time. Saving $10's of thousands. So they can build wealth. We get people money for extra student loan payments from things they already do or have. ?? You have a job? We get you student loan benefits ?? You shop? We get you cashback paid to your student loans ?? You have a community? We enable them to gift you their cashback And we're just getting started. Dolr Dolr bills y'all.

It's always been hard being and HR leader. Right now, it's even harder. "I need to update our benefits so we're more competitive. Budget is tight and we need to update the core benefits. But if feels it's impossible to compete with only the core benefits today. For example our 401k is 4% match and we're struggling to get participation. We need to stand out and differentiate ourselves. We need a few options that cover 80-90% of our employees and are cost effective. Financial wellness is definitely a hot area and our CEO wants us to lean on learning and development too." Leaders are being pushed to recruit more, faster. While balancing the cost of labor. The options they have available are: ? Kick the can down the road. Get the core benefits package updated and work with total comp to "sell" it better. Say they're reviewing the landscape for decision next year. ? Check the box. Buy from the "everything to everyone" platform. It's expensive, hard to implement, and adds work on their plates for admin and maintenance. Explain why it doesn't work later. ? Solve the problem. Work with 2-3 partners to add modern benefits selections that cover their teams needs. Feels like option 3 is the winner. Why do options 1 and 2 often win? HR leaders have a high bar to justify the business case in option 3. Even though it's the better option. Funny, because folks often speak a lot about "making the business case" then offer no support. If this is something your dealing with, DM me and I'm glad to be listen while you vent. ?????? Oh and yes, Dolr will help you with your business case. ??

Purpose driven. Impactful. Our team received this unsolicited email today from a member of our Dolr community. This is why we do what we do. Not gonna lie, I cried a little. Happy and grateful tears. Thank you for giving us the opportunity to be a small part of your journey!!

Employers across the state are reducing turnover and boosting team engagement with Dolr's easy-to-implement, high-reward benefits. "Dolr has helped us differentiate ourselves to hire the people we need and keep them with us longer! They are very easy to work with and show great care for their clients by providing support quickly when needed." - Angela D., Director of Employee Relations, Columbus, OH See if your local chamber is benefiting from SOCA benefits. View our member directory here: https://lnkd.in/gszgXAVe #JoinSOCA #SOCAMembership #SouthernOhio #Ohio #Cincinnati #DOLR #StudentLoans #StudentLoanRelief