Tagged: ron suber

Ron Suber Says P2P Lending is Daylight Banking (Not Shadow Finance)

Ron Suber, perhaps the most prominent global Fintech Ambassador and President Emeritus of Prosper Marketplace, is on an extended swing across Asia visiting various platforms and presenting at events. Visiting with CNBC Asia this week, Suber explained how important transparency is for online lending and… Read More

Ron Suber Departs Prosper Marketplace

Ron Suber, an iconic voice in the emerging Fintech sector and the most prominent leader in the marketplace lending industry, has announced his departure from Prosper Marketplace. First reported in a note published on LendAcademy, after five years of leadership at Prosper,  Suber has determined… Read More

Ron Suber Named Strategic Advisor for Juvo

Juvo, a mobile Identity Scoring platform, has appointed Ron Suber, president of Prosper Marketplace, as strategic advisor to the company. Suber is a high profile investor in Fintech companies and is also investor in Juvo. The company said Suber’s prolific presence in Fintech and industry… Read More

New Record & Update: In April Money360 Closed $45M in Real Estate Marketplace Loans

M0ney360, a leading commercial real estate marketplace lending platform, closed more than $45 million in loans in April, bringing the company’s total production to over $250 million in closed loans, with an expected $500 million in transactions by year-end. Money360’s recent loan closings span properties… Read More

2017 Benzinga Fintech Award Winners

Last week, Benzinga held its annual Fintech Awards event in Manhattan. The proceedings prior to the actual award presentations included some well known names from both traditional and alternative finance alongside a series of three minute pitch sessions. At the event, representatives from a wide range… Read More

Prosper President Ron Suber Shares Insight & Perspective with French Fintech Industry

Ron Suber, the President of the US marketplace lender Prosper, was interviewed today by Cédric Teissier, the CEO of the French factoring platform Finexkap, at the annual conference of the  France Fintech association, titled “Fintech Revolution 2017 – Here to Stay”. Cédric Teissier asked Ron… Read More

Ron Suber on Fintech & Fraud: A Global Challenge (Deck)

Acts of fraud have been around since the dawning of time. How fraud occurs is a never-ending, shape-shifting challenge for individuals, companies and public authorities. There will always be a new scam. There will always be another Ponzi or Madoff looking to separate hard-earned money… Read More

Seen & Heard at LendItUSA 2017: An Industry Built to Last

LendItUSA, the annual event that jumps between New York City and San Francisco everu 12 months, opened up to larger audiences and an industry sector that endured a challenging year. The online lending sector received a two-punch assault in 2016; a battle that left the… Read More

The Stamina of Rocky Balboa: Prosper President Ron Suber Updates on Marketplace Lending Industry (Video)

Ron Suber, the President of Prosper and a perennial keynote speaker at the annual LendIt conference, delivered a rousing update on the status of marketplace lending.  Directly addressing the challenges that impacted all online lenders in the past year, Suber stated; “Success this past year required… Read More

Prominent Fintech Investor & Prosper President Ron Suber Invests in Money360, Joins as Strategic Advisor

Ron Suber, Prosper Marketplace President and prominent Fintech investor, has taken a stake in Money360 – a fast growing real estate investment marketplace.  Suber will also play an active role as a Strategic Advisor to Money360 to help boost platform growth. Money360 has grown exponentially…. Read More

Ron Suber Invests in Unison, Becomes Strategic Advisor to Home Ownership Investment Platform

Prosper Marketplace President and prominent Fintech investor Ron Suber has taken an equity position in Unison Home Ownership Investors. Unison is a unique platform that partners with homebuyers to pay a portion of the down-payment to help buyers purchase a home. Suber will be joining… Read More

Credible Raises $10 Million in Series B Funding

Credible, a multi-lender marketplace for student and personal loans, has closed on a $10 million Series B funding round.  The newest round brings total funding to $23 million to date for the young Fintech firm. The series B funding round was led by Regal Funds… Read More

Prosper President Ron Suber: “Change is the Only Constant. Victory Goes to the Ones Who Change”

In the world of alternative finance, one US industry was probably happy to see 2016 end. Online lending, both marketplace lenders (née P2P lending) and balance sheet platforms, hit the proverbial brick wall during last year. Rumblings of a more challenging environment picked up in… Read More

ApplePie Inks Big $180 Million Loan Agreement. Closes $16.5 Million Series B

ApplePie Capital has signed a $180 million loan purchase agreement with TowerBrook Capital while simultaneously announcing the closing of a $16.5 million Series B funding round. The TowerBrook funding will come from its Structured Opportunities Fund and a credit facility provided by SunTrust Banks, Inc…. Read More

Prosper’s Ron Suber Joins eOriginal Advisory Board

Ron Suber, president of online lender Prosper Marketplace, has joined the advisory board of eOriginal, Inc., a service for businesses that need to verify secure, legally compliant and enforceable electronic asset documentation. Suber, who has over 20 years of sales, marketing, and business development, will reportedly leverage… Read More

Prosper Names David Kimball New Chief Executive Officer

On Monday, online lender Prosper Marketplace announced its board of directors has named former CFO David Kimball as the new CEO after Aaron Vermut stepped down from the position. Vermut notably served as the CEO of Prosper since March 2014, and the platform reported that he would… Read More

Ron Suber: “Victory Goes to the Ones Who Change and Adjust”

Ron Suber has been pounding the table as of late on the benefits of marketplace lending and the future potential of Fintech in a series of presentations. His future is, of course, tightly intertwined with an industry that has taken a beating in past months…. Read More

Online Lending at AltFi: A New Phase for a Growing Industry

  When I realized the 2016 AltFi Conference was at the posh Pierre Hotel on the corner of Central Park, it immediately gave me pause. I remembered 2007 and 2008 when certain mortgage-backed security investment conferences were held at such addresses. Also, is the storied… Read More

Ron Suber on Marketplace Lending: Keep Calm & Lend On (Deck)

Ron Suber, President of Prosper Marketplace, presented at the Fall AltFi conference in Manhattan yesterday and delivered a keynote address on the status of marketplace lending. Now most industry observers know that  the online lending industry was hit with a one-two punch this year. As the economy… Read More

Ron Suber on Marketplace Lending (Video)

Earlier this month during a swing through Asia, Ron Suber, President of Prosper, visited the studios of CNBC from Hong Kong. Always on message, Suber explained the insatiable search for yield from all around the world in this historically low interest rate environment that is… Read More