Just last month we hosted our largest event, which brought together nearly 2,500 delegates to New York for LendIt USA...
[Editor’s Note: This is a guest post from Ron Suber, President of Prosper. It is excerpted from his keynote speech...
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
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
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Below you will find the presentations of several speakers at LendIt USA 2015. This includes, Renaud Laplanche (Founder & CEO, Lending...
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 invested in online commercial lending platform Money360 and will also join the firm as a strategic advisor; Money360 has been growing fast and estimates loan originations will exceed $500 million by 2017; the investment will add to Ron Suber's fintech portfolio which he is managing from a family office; his equity investment follows positive returns from loan investments on the platform. 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
I first connected with Ron Suber back in 2011. He was a Lend Academy reader and an individual investor like...