Juvo Appoints Financial Services Expert Ron Suber As Strategic Advisor

SAN FRANCISCO, May 18, 2017 /PRNewswire/ -- Juvo, the pioneer in mobile Identity Scoring, today announced the appointment of Ron Suber, president of Prosper Marketplace, as strategic advisor to the company. An investor in Juvo, Suber is a prolific presence in fintech and is well known as an industry influencer around the world. In his advisor role at Juvo, he will help direct the company through its global growth, ongoing product development and expansion into new markets.

Juvo, founded in 2014, works in partnership with mobile operators, deploying its proprietary Identity Scoring technology to create financial identities for anonymous, prepaid mobile users who are often underbanked. These identities, developed through a combination of data science, machine learning and game mechanics, open access to otherwise unattainable financial services and help walk billions of people around the world up a pathway toward financial inclusion. 

"I have followed Juvo closely for the past two years as an investor, and have watched as their approach to digital transformation has improved financial inclusion around the world. I am now thrilled to further support the company and its team as a strategic advisor," said Suber. "Financial inclusion is entering a new phase of innovation, and Juvo is uniquely positioned to help people and mobile carriers capitalize on this opportunity with a strong market position, global expansion and new products. I look forward to supporting the company and its future growth."

Ron's appointment helps round out the Juvo advisory team, which includes:

• Nils Puhlmann, leads Juvo's security and privacy efforts: former Chief Security Officer & co-founder of Cloud Security Alliance
• Vicente Silveira, fraud and risk management advisor: head of fraud data science at Uber
• Allison Duncan, social impact advisor: founder and CEO of Amplifier Strategies
• Ken Laversin, enterprise software/SaaS advisor: senior vice president, worldwide sales at Jasper
• Monica Rogati, data science advisor: equity partner at Data Collective, former VP of data at Jawbone and LinkedIn data scientist

Juvo's team of advisors share a similar passion for Juvo's mission and its growth in the global market. As Vicente Silveira, Uber's head of fraud data science and board member at BayBrazil, summed it up: "What attracted me to Juvo was CEO Steve Polsky's vision of a product that could enhance the quality of life and provide economic opportunity to millions of people worldwide that don't have access to mainstream credit. I grew up in Brazil and understand how financial inclusion is a key element to lifting people out of poverty."

Juvo executives meet with the advisory team on an ongoing basis, maintaining an open dialogue about the company's strategic vision and plans for future growth and global expansion.

About Juvo
Juvo was founded with an overarching mission: to establish financial identities for the billions of people worldwide who are creditworthy, yet financially excluded. In partnership with mobile network operators, Juvo's proprietary Identity Scoring technology uses data science, machine learning, and game mechanics to create an identity-based relationship with anonymous prepaid users. Identity Scoring creates financial identities for users, providing ongoing access to otherwise unattainable mobile financial services to boost engagement and dramatically improve subscriber loyalty and revenue for mobile operators.

Headquartered in San Francisco, with offices in Miami, London, Buenos Aires, Manila, and Jakarta. Juvo has a reach of over 350 million subscribers across four continents and is deployed in 23 countries. For more information, follow us on Twitter or LinkedIn, or find us at www.juvo.com

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