Tagged: ron suber

February 23, 2016 @ 10:09 pm By Midori Yoshimura  |  

    At the Continuum SF Innovation and Credit Conference in San Francisco I recently attended, those present listened to a solid lineup of speakers discuss business development and more in SF and across the Pacific in China. Speakers included SF Mayor Ed Lee; Rob Suber,… Read More

May 3, 2015 @ 11:29 am By JD Alois  |  

Ron Suber, President of Prosper – one of the leading peer to peer lenders in the US, delivered one of the keynote presentations at the LendIt conference held in Manhattan last month.  Suber really did not focus on his company but instead gave a high level… Read More

April 17, 2015 @ 1:17 pm By JD Alois  |  

  Prosper President Ron Suber delivered an extremely well received keynote address at the LendIt conference held in Manhattan this past week.  Over 2400 attendees converged from around the globe to discuss the future of finance, one where banks are on the decline and peer to… Read More

April 14, 2015 @ 9:00 am By Ron Suber  |  

In the world of finance, the traditional banking industry is the big celestial body at the center of things. Circling that orbit are the spheres of money transfer, payments, wealth management, banking and marketplace lending (also called peer-to-peer finance). Disruption to financial services has been… Read More

April 9, 2015 @ 2:14 pm By JD Alois  |  

San Francisco based ApplePie Capital, an internet funding portal that wants to “democratize access to capital and help franchise entrepreneurs achieve their dream” has raised $6 million in a Series A funding round as the stampede to invest in the future of finance continues.  ApplePie… Read More

April 8, 2015 @ 8:12 pm By JD Alois  |  

Prosper Marketplace has closed a $165 million funding round led by Credit Suisse Group’s Next Investors.  The valuation was set at approximately $1.9 billion – a significant increase to previous valuations. Additional investors included JP Morgan Chase & Co’s Asset Management unit, SunTrust Banks, USAA,… Read More

April 8, 2015 @ 12:00 pm By JD Alois  |  

Patch of Land, a leading real estate crowdfunding platform, has announced a solid $23.6 million funding round that captured the interest of SF Capital and Prosper President Ron Suber – a significant validation of their vision for the future of real estate investing.  Both Suber… Read More

April 7, 2015 @ 4:28 pm By JD Alois  |  

AssetAvenue, a debt based real estate crowdfunding platform, has raised $11 million in a Series A funding round led by DCM Ventures. Founded in 2013, this significant funding will dramatically boost AssetAvenue’s growth as it invests in technology and product development.  The funding is indicative of… Read More

March 31, 2015 @ 9:30 am By JD Alois  |  

Total Addressable Market Estimated at “Just Under” $3 Trillion Prosper, one of the leaders in the ‘marketplace’ or peer to peer lending space, had a great month.  March will be a record “by far” as it easily beats $200 million in aggregate loan originations pushing… Read More

March 12, 2015 @ 12:42 pm By Erin Hobey  |  

EVEN Financial today announced it has raised $2.8M in seed funding. The round was led by Canaan Partners, who also led the first venture-backed investment rounds for Lending Club and Orchard Platform in the P2P lending market. Other investors include Lerer Hippeau Ventures, Ron Suber of Prosper, Brooklyn Bridge Ventures, Conversion Capital, Social Leverage, 555… Read More

January 12, 2015 @ 9:33 am By Georgia Quinn  |  

  As far as the peer-to-peer or marketplace lending industry is concerned, 2014 ended with a bang and not a whimper as Lending Club, the leading online lender, completed its initial public offering. On December 10, 2014 the Lending Club offering went effective, and ultimately… Read More

December 2, 2014 @ 10:11 am By JD Alois  |  

There is definitely something to be said for being at the right place, at the right time, and for Orchard this is certainly the case.  Now this is not to say the creation of Orchard is totally serendipitous because this is a company that has… Read More

November 3, 2014 @ 10:03 am By Georgia Quinn  |  

Recently I participated in the Third Annual Global Crowdfunding Convention and Bootcamp in Las Vegas and Ron Suber, President of Prosper Marketplace, a peer to peer or “marketplace lending” platform, spoke about the nine actions or initiatives that the marketplace lending industry in general and… Read More

October 14, 2014 @ 7:47 pm By Georgia Quinn  |  

Last week’s American Banker P2P Lending and Investing Conference held in New York City (October 6-7) attracted over 375 bankers, investors, platforms and service providers. The sheer fact that a storied institution founded in 1863 and dedicated to the traditional banking industry facilitated such a… Read More

October 14, 2014 @ 9:08 am By JD Alois  |  

P2P Lender Has Generated One Billion in Loans Since February of 2014 to October. Peer to peer lender Prosper revealed in a recent interview the fast growing platform originated $170 million in loans for the month of September.  Prosper states they are approximately 1/3 of… Read More

October 9, 2014 @ 8:47 am By JD Alois  |  

Event organizer Coastal Shows is readying for their first Banking and Lending Summit set to take place next week in San Francisco. A growing surge of peer to peer lending and crowdfunding platforms are filling a void left by traditional banks.  Some banks are partnering… Read More

August 18, 2014 @ 8:41 am By JD Alois  |  

LendingTree, an online lending exchange that aggregates loan options from many providers, has announced their loan revenue exceeded $1 million during the month of July.  The company also shared their growth has increased seven fold since July of 2013.  This significant growth in both volume… Read More

August 14, 2014 @ 11:53 pm By JD Alois  |  

Fitch Ratings has acknowledged the growing importance of peer to peer lending  companies in statement that P2P lending success is dependent on borrower credit. This past July, S&P and DBRS assigned a landmark rating on the senior portion of a $270 million P2P deal from SoFi…. Read More

June 9, 2014 @ 8:00 am By Georgia Quinn  |  

The inspiration behind the current iteration of Prosper came after president Ron Suber had personally lent millions of dollars across both the Lending Club and Prosper peer-to-peer or P2P lending platforms. Ron invested in 13,000 loans and noticed that Lending Club’s execution was far superior… Read More

May 22, 2014 @ 3:00 am By JD Alois  |  

At the Lendit 2014 conference the peer to peer crowd came from across the globe to share notes and discuss how the banking and financial industry will never, ever be the same again.  As part of that event, Ron Suber, Prosper President, gave a keynote… Read More