Tagged: ron suber

March 30, 2017 @ 2:00 pm By Therese Torris  |  

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

March 22, 2017 @ 2:29 pm By JD Alois  |  

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

March 10, 2017 @ 12:17 pm By JD Alois  |  

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

March 6, 2017 @ 4:54 pm By JD Alois  |  

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

March 1, 2017 @ 8:45 am By JD Alois  |  

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

February 21, 2017 @ 6:58 pm By JD Alois  |  

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

January 18, 2017 @ 6:07 pm By JD Alois  |  

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

January 4, 2017 @ 7:01 pm By JD Alois  |  

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

December 12, 2016 @ 2:29 pm By JD Alois  |  

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

November 29, 2016 @ 8:59 am By Samantha Hurst  |  

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

November 14, 2016 @ 5:16 pm By Samantha Hurst  |  

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

October 30, 2016 @ 6:04 pm By JD Alois  |  

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

September 15, 2016 @ 11:33 pm By Georgia Quinn  |  

  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

September 15, 2016 @ 9:09 am By JD Alois  |  

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

July 31, 2016 @ 8:38 pm By JD Alois  |  

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

June 12, 2016 @ 5:50 pm By JD Alois  |  

How easy is it for Fintech startups to challenge established Wall Street firms? Charles Moldow, General Partner of Foundation Capital and an early investor in Lending Club, OnDeck and more, recently told CNBC; “I think it is hard to disrupt any mature industry. This one… Read More

April 25, 2016 @ 9:00 am By JD Alois  |  

    Over the past several months there have been rumblings about impending change at real estate crowdfunding platform Patch of Land.  Following a significant staff reduction, where several well known Patch of Land employees were let go, industry chatter picked up as to what… Read More

April 17, 2016 @ 6:43 pm By JD Alois  |  

  LenditUSA 2016 was bigger than ever. If you look back just three years the venue and the organizers have scaled what was once a relatively small gathering of 375 industry participants in 2013 to one that is truly a global event with over 3,500… Read More

April 15, 2016 @ 7:19 pm By JD Alois  |  

  This past week, Lendit occurred as the annual gathering of online lending platforms and other affiliated companies from around the world. The meeting took place in San Francisco this year – the epicenter of tech innovation. In 2013, a mere three years ago, Lendit… Read More

March 15, 2016 @ 9:00 am By JD Alois  |  

Orchard Platform will be holding its first Partner Forum designed to help shape the future of marketplace lending.  The inaugural event will involve Orchard executives alongside industry executives such as Noah Breslow of OnDeck, Ron Suber of Prosper and Tom Glocer of Angelic Ventures. According… Read More