Ron Suber

Last updated
Ron Suber
EducationBA in economics
Alma mater University of California, Berkeley
TitlePresident emeritus of Prosper Marketplace
Board member of Credible

Ron Suber is an American investor. He has held executive positions at Bear Stearns, Spectrum Global, Merlin Securities, Wells Fargo Securities, and Prosper Marketplace. He is also an investor in sixteen financial technology companies.

Contents

Education

Ron Suber holds a BA in economics from the University of California, Berkeley. [1]

Career

Suber began working at Bear Stearns in 1992. [2] In 2006 Suber then joined Spectrum Global as president; the fund held $24 billion under management at that time. [2] In 2008, Suber began working at Merlin Securities in 2008, [3] where he was head of global sales. In 2012 he then moved to Wells Fargo, where he served as managing director of Wells Fargo Securities [4] following Wells Fargo's acquisition of Merlin. [5]

Suber served as the president of Prosper Marketplace, until taking the position of president emeritus. [6] He first joined the company in 2013 as an investor. [7] At Prosper, he provided an online lending platform for company founders looking for investment. [8] [9] In this role he has been referred to as a "fintech pioneer". [10] As an investor focusing on Fintech, Suber has invested in companies including DocuSign and SoFi, [11] and held investments in sixteen firms as of 2017. [12] Suber is also on the board of and vice chairman of the Australian Securities Exchange listed firm, Credible, [13] and the advisory boards of DocuSign, Juvo, Unison Home Ownership Investors, Money360, and eOriginal. [14]

He has also served as a financial commentator for CNBC, [15] and has spoken at events including the LendIt Conference. [8]

In October 2019, Suber joined the board of fintec startup Qwil [6] and in September 2020, he joined the board of directors of Yieldstreet. [16]

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References

  1. ↑ "Ronald Suber: Executive Profile & Biography". Bloomberg.[ dead link ]
  2. 1 2 "Suber leaves Bear Stearns to join Spectrum". Hedge Week. 30 May 2006.
  3. ↑ "Merlin Nabs Ex-Bear Stearns Prime Brokerage Exec". FINalternatives.[ dead link ]
  4. ↑ "Two Vermuts and Ron Suber leave Wells Fargo to Prosper". Securities Lending Times.[ dead link ]
  5. ↑ "Prosper Which Bought Israeli Billguard sees". Geek Time. January 27, 2016.[ dead link ]
  6. 1 2 JD Alois, "Report: Ron Suber Takes Board Seat at Fintech Qwil". crowdfundinsider.com. 11 October 2019. Retrieved 30 April 2021.
  7. ↑ "Ron Suber Fintech Prosper Biggest Investments". San Francisco Business Times. May 22, 2017.
  8. 1 2 "The Stamina of Rocky Balboa: Prosper President Ron Suber Updates on Marketplace Lending Industry". Crowd Fund Insider. 6 March 2017.
  9. ↑ Cortese, Amy (3 May 2014). "Loans That Avoid Banks? Maybe Not". The New York Times.
  10. ↑ "Actionable Trading Ideas, Real Time News, Financial Insight". Benzinga.[ dead link ]
  11. ↑ "To Get Ahead in Fintech you need to be in touch". Silicon Valley Business Journal.
  12. ↑ Cindy (25 May 2017). "Prosper's Ron Suber & His Sweet Sixteen Fintechs". FintekNews.
  13. ↑ "Ron Suber, Mitch Jacobs & Alexandra Wilkis Wilson to Advise YieldStreet". Crowdfund Insider. 3 October 2017.
  14. ↑ "Student Loans Credit Cards Fintech". Silicon Valley Business Journal.
  15. ↑ "Not shadow banking but 'sunlight banking'". CNBC.
  16. ↑ Samantha Hurst, "Fintech Veteran Ron Suber Joins Yieldstreet's Board of Directors". crowdfundinsider.com. 30 September 2020. Retrieved 30 April 2021.
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