Suber brings decades of experience and oversight to the growing digital wealth management platform
Yieldstreet, the digital wealth management platform, announced that Ron Suber, President Emeritus of Prosper Marketplace, and a leading fintech investor, has joined the Yieldstreet Board of Directors.
Read More: GlobalFintechSeries Interview with Veenerick Vos van Liempt, Founder, CEO at ZeroTouch Order and Pay
“The members on our Board are experts in their fields and having Ron here makes the Board’s collective expertise even deeper and richer”
Mr. Suber, who holds a record of leadership at financial services companies, served in executive capacities at Bear Stearns, Spectrum Global, Merlin Securities, Wells Fargo Securities, and Prosper Marketplace. As a Board member, Mr. Suber will advise Yieldstreet’s executive team as they continue to scale the company.
“Founders Milind Mehere, Michael Weisz, and Yieldstreet’s executive team have a bold and promising vision for the future of wealth management,” Suber said. “Yieldstreet is an example of how fintechs should be built for scalability and longevity and I am honored to serve on its Board of Directors.”
Read More: Trillium Mutual Insurance Company Selects Guidewire for Business Innovation and Growth
Yieldstreet’s investors have invested more than $1 billion through Yieldstreet’s platform and Yieldstreet has returned more than $650 million in principal and interest payments to them since inception.
Yieldstreet was listed at number 12 in Financial Times’ top-500 fastest-growing companies in 2020 and Inc’s top-50 ranking of private companies by growth for the second consecutive year. The company was also included in CB Insights’ list of the 250 most promising fintech companies in 2020.
“In his 30 years on Wall Street, there isn’t much, if anything, that Ron hasn’t seen or done,” Yieldstreet Founder and CEO Milind Mehere said. “He is a fintech pioneer and has been one of the creative forces in this new world of investing. Our company and our investors will benefit from having a person of his high caliber joining our Board. Michael and I look forward to working with him.”
Read More: Neat Capital Hits $2 Billion of Annualized Applications
