It was only a month ago when we broke the news that Ron Suber was stepping down as Prosper’s President...
The Godfather of Fintech shares his thoughts on what rewirement means, what fintech needs today, where it is going and what excites him about the future. Source
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Below you will find the presentations of several speakers at LendIt USA 2015. This includes, Renaud Laplanche (Founder & CEO, Lending...
[Editor’s Note: This is a guest post from Ron Suber, President of Prosper. It is excerpted from his keynote speech...
eOriginal has added Ron Suber, Prosper Marketplace president, to its advisory board; the digital transaction document management company has been steadily expanding its business in the marketplace lending market; Ron Suber will help support the company's growth as an advocate for its unique digital documentation products also advising the company on the marketplace lending market overall; eOriginal is currently growing and expanding, also adding Jon Barlow, founder and former CEO of Eaglewood Capital Management, to its advisory board and raising $26.5 million in a recent funding round. Source
Ron Suber has been involved with Credible since 2015, investing in both the Series A and Series B rounds as well as acting in an advisory role; Suber will now spend about one day per week helping Credible in a broad range of activities from fundraising to helping the team as the company grows; Credible CEO Stephen Dash noted that despite headwinds many other industry participants faced, Credible continues to grow; Ron Suber will play a role in navigating the growth they expect going forward; the company also announced a pilot for a credit card marketplace which launched today. Source
On Monday of this week LendIt Fintech Digital members were able to watch the godfather of fintech, Ron Suber, opine...
Fintek News talked with Ron Suber about the marketplace lending industry and his recent presentations at LendIt, AltFi Australasia and the ACFE Fintech Fraud Summit; as an investor and one of the industry's most active speakers, his insights have helped influence all aspects of marketplace lending both globally and in the US; in his most recent presentations he has discussed current opportunities for the industry, how online lending can be compared to online trading and factors influencing fintech fraud. Source
Crowdfund Insider talks with Ron Suber about Prosper and marketplace lending in 2016; in 2016 the firm reported decreased investment and transaction fee revenue which led to a number of new initiatives and changes; in his comments Ron Suber cited the importance of being adaptable to change; he also talked about the investment opportunity from institutional investors and the importance of securitization and a secondary market; for 2017 he expects rapid changes for the industry to continue and hopes that as the industry evolves it will result in more opportunities for borrowers, online lending platforms and the ecosystem. Source
Ron Suber discussed the challenges that online fraud can present to marketplace lenders in his keynote speech at the Fintech Fraud Summit last week in San Francisco; to mitigate fraud, companies must have a comprehensive risk and compliance system that protects it from attacks and fraudulent loans; Ron Suber outlined Prosper's risk and compliance approach in his presentation providing an example for marketplace lenders seeking solutions for mitigating and managing fraud. Source