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Keep Financial founding story

Archived source: Keep Financial founding story. Captured from keepfinancial.com.

Cited in: Kathryn Petralia · Robert Frohwein

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Why Keep?

Why Keep

Employers

How it Works

Keep Benefits

Product Features

Employees

Flexible Compensation

Using a Keep Bonus

Solutions

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By Use Case

Signing Bonus

Poaching Defense

Annual Bonus

Equity Alternative

Spot Bonus

M&A

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By Industry

Healthcare

Construction

Logistics + Transportation

Technology

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Hospitality

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Compensation + Total Rewards

Human Resources

Finance Leaders

Executive Leadership

Legal Leaders

Resources

Resources

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Integrations

Topics

Retention

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Founding Story

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Why Keep?

Why Keep

Employers

How it Works

Keep Benefits

Product Features

Employees

Flexible Compensation

Using a Keep Bonus

Solutions

Solutions

By Use Case

Signing Bonus

Poaching Defense

Annual Bonus

Equity Alternative

Spot Bonus

M&A

Performance Bonus

Tuition Reimbursement

Smarter Severance

By Industry

Healthcare

Construction

Logistics + Transportation

Technology

Retail

Hospitality

Manufacturing

Automotive

Education

Senior Care

By Role

Compensation + Total Rewards

Human Resources

Finance Leaders

Executive Leadership

Legal Leaders

Resources

Resources

Blog

Help Center

Partner Program

Resource Library

Integrations

Topics

Retention

Bonuses

Compensation

Engagement

Forgivable Loans

Founding Story

Press Room

Press Kit

Demo

Sign Up / Log In

Our Founding Story

As founders, Rob Frohwein and Kathryn Petralia had experienced their share of hiring issues, from lengthy recruiting cycles to high attrition. They wanted to find a solution that would not only curb today’s retention and recruiting issues, but bring long-lasting financial freedom to employees. Together, they embarked on a mission to find out what leaders in the human resources sector needed that employer-forgivable loans didn’t bring to the table.

They approached that core audience with the idea of Keep Financial. HR leaders all said, ‘Hey, if this was available to us, we’d do it in a heartbeat. It’s just really hard to execute.’ Rob and Kathryn decided to take all the execution challenges out and so Keep was born.

Rob Frohwein

Co-founder & Chief Keeper

Rob Frohwein recently co-founded Keep Financial to eliminate the recruiting and retention challenges facing nearly every employer in the world. Prior to Keep, Rob co-founded, and was the long serving CEO of Kabbage, a pioneering small business fintech, which raised $400m in equity, served 500,000 U.S. small businesses and delivered $16B in capital prior to its sale to American Express in October 2020. Rob is an inventor on 17 U.S. patents, has written three books on intellectual property, co-hosted a talk format radio show on work & careers, and was named a Top 50 CEO by Glassdoor in 2018. He also holds a lifetime visitor’s pass to the National Baseball Hall of Fame, which he earned in connection with one of his earliest entrepreneurial endeavors.

Kathryn Petralia

Co-founder & Chief Keeper

Kathryn Petralia is the Co-Founder of Keep Financial, a fintech compensation platform. Prior to Keep, Kathryn Co-Founded Kabbage, a financial services platform for small businesses acquired by American Express in 2020. Prior to Kabbage, Kathryn spent nearly 15 years with fintech and ecommerce startups. In 2018, she was named to Forbes’ list of the World’s Most Powerful Women.

Kathryn serves on the boards of CARE, Tricolor, CoreCard, Near, PadSplit, The Woodruff Arts Center (trustee), and the Atlanta Chamber Music Festival.

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