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- The Accelerator Conundrum
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jason hogg
Innovating in Fintech: Jason Hogg, CEO of Lending.com (Part 7)
Sramana Mitra: What did American Express do with it? Did they keep the card? Since 2009 on to 2015, what happened in the business? Jason Hogg: American Express actually created Serve, which is their reloadable prepaid product. We were also, at that time, early in the mobile and smartphone game with money transfer and other transaction
Innovating in Fintech: Jason Hogg, CEO of Lending.com (Part 6)
Sramana Mitra: Chronologically, where are we? What year is this? Jason Hogg: We’re midway through 2007. I’ve done my raise in 2006. In 2007, we had gotten the customer base that I was just describing to you both on the credit card and the peer-to-peer side. We completed a $50 million B round at that
Innovating in Fintech: Jason Hogg, CEO of Lending.com (Part 5)
Sramana Mitra: What does that mean? Are we talking about a regular credit card issued that’s your card? Jason Hogg: It was a Revolution card. We had our own brand and our own network. When you walk into a CVS and you see a MasterCard, Visa, and AmEx sticker in the window, you would also
Innovating in Fintech: Jason Hogg, CEO of Lending.com (Part 4)
Sramana Mitra: What year did you do the $10 million first round financing? Jason Hogg: It was a year later. We did the $10 million financing in May of 2006. I had this idea in my head when I made that connection that I told you about all the way back in 2001. It was
Innovating in Fintech: Jason Hogg, CEO of Lending.com (Part 3)
Sramana Mitra: At that point, what did you tell them? What were you going to deliver for them? Jason Hogg: I was going to build them the first non-proprietary credit card network in America that would simultaneously have peer-to-peer transfer capability which only PayPal had at that time. I could build a proof of concept to
Innovating in Fintech: Jason Hogg, CEO of Lending.com (Part 2)
Sramana Mitra: What year does that bring us up to now? Jason Hogg: We’re now in 2002. The timing was actually interesting because when I was graduating from Cornell, the first dot-com bomb had gone off. There were a series of venture capital and private equity shops that had made co-investments in a number of
Innovating in Fintech: Jason Hogg, CEO of Lending.com (Part 1)
FinTech is hot these days. Jason has particular expertise in the segment, and he discusses his multiple ventures. Sramana Mitra: Let’s go to the beginning of your personal story. Where were your born, raised, and in what kind of background? Jason Hogg: I’m from New York originally and grew up just outside the city. My
