Jason Hogg is CEO of Lending.com, a wholly owned subsidiary of Blackstone Tactical Opportunities and a transformative technology platform designed to address industry fragmentation and offer a faster, lower-friction process for consumers, entrepreneu... Read more
Jason Hogg is CEO of Lending.com, a wholly owned subsidiary of Blackstone Tactical Opportunities and a transformative technology platform designed to address industry fragmentation and offer a faster, lower-friction process for consumers, entrepreneurs and established businesses alike. In its first year of operation, the platform originated over $1 billion dollars in loan volume with zero delinquencies, while also facilitating the single-family rental industry’s first-ever multi-borrower single-family rental (SFR) securitization through B2R Finance – a $230 million transaction, which was rated triple-A by Fitch Ratings and Morningstar and won the GlobalCapital 2015 U.S. Securitization Awards CMBS Deal of the Year. Jason is also CEO of B2R Finance, a leading lender for single-family rental investors and an anchor tenant of the Lending.com platform. Additionally, Jason is one of the inaugural professors at Cornell Tech, the new technology-focused campus of Cornell University located in New York City. In operation since 2012, Cornell Tech is a research and graduate-level education institution, offering programs at the professional masters, doctoral and postdoctoral levels. He teaches entrepreneurship and innovation to graduate students, is one of two faculty advisors to the Big Red Venture fund, Cornell University’s student run venture fund in Ithaca, and is the Chairman of the Business for Technology Committee at Cornell Tech. Jason also cofounded Hangit, a contextual location-based mobile advertising service that received $6.2 million in funding from Vesta Inc. in November 2014 and currently serves as chairman. Hogg is recognized both as a first-name inventor and for his entrepreneurial leadership in the area of alternative payment systems. He currently holds 25 patents ranging from design to complex technology systems and has 39 additional patents pending. His inventions in banking and payments technology, such as the anonymous card, utilizing bar codes for point-of-sale transaction processing and the reloadable wallet tied to a payment network, have underpinned banking innovation over the last decade and he expects this new lending platform to shape the lending industry for years to come. Prior to joining Lending.com and B2R, Hogg was president of American Express Serve Enterprise, where he was responsible for online, commerce and international platforms within the Enterprise Growth Group. He is the inventor of a global platform that supports Bluebird by American Express and Walmart, as well as American Express Serve, a full-service reloadable prepaid account that acts as a banking alternative for millions of underbanked consumers that cannot afford traditional banking services. Hogg also managed American Express’ joint venture with LianLian in China. Hogg joined American Express when Revolution Money, Inc. was acquired in November 2009. As founder, president and CEO of Revolution Money, Inc., he built an alternative payment company, comprised of a PCI compliant system of record, prepaid operating system and payment network composed of over 1 million merchants. Prior to American Express, Hogg co-founded MBNA Canada and served as chief business development officer, establishing the bank’s business development and marketing operations that led to $1 billion in receivables. During his five years with MBNA America, Hogg held executive positions in Loss Prevention, Credit, Compliance, Sales and Marketing. He co-founded MBNA’s Sports Marketing practice, now a $4 billion receivables business, as well as founded MBNA’s credit counseling subsidiary, Financial Management Services, Inc. Hogg’s experience also includes chief operating officer and president positions at two technology organizations, Medsite, Inc. and HorizonLive, Inc., which were sold to WebMD and Blackboard, respectively. He is also a former Special Agent with the FBI. Hogg earned his MBA from Cornell University’s Johnson Graduate School of Management, where he teaches entrepreneurship and innovation as a senior lecturer. He earned his BA from Colby College.
by Marian McPherson | Staff Writer Sep 28
Sponsored Content by Inman Content Studio
by Patrick Kearns | Staff Writer Sep 28