Daily News: January 30, 2015

Dealstruck Appoints Quantitative Risk Analyst

Dealstruck appointed quantitative expert Shuo Xie for the role of senior quantitative risk analyst. The position was created as a result of Dealstruck’s rapid growth, and will serve an important role in the alternative lender’s future growth as the company continues to look to alternative data sources to manage risk at scale.

Prior to Dealstruck, Xie served as an international project manager at wikiHow and research aAssistant at the Stanford Graduate School of Business, Quantitative Marketing Group.

At Dealstruck, Xie will work with Dealstruck’s Director of Risk Analytics, Professor Kay Giesecke, to maximize the extension of credit to small businesses, while providing investors with a more transparent, objective and granular understanding of the economics and riskiness of their investments.

“Shuo’s experience at Stanford and wikiHow makes her the perfect addition to the Dealstruck family,” said Ethan Senturia, Dealstruck co-founder and CEO. “We have experienced record growth, and using data to appropriately manage risk is paramount to the way we do business. Shuo’s proficiency in predictive modeling will ensure we’re able to say ‘yes’ to as many borrowers as possible, while also providing them with what they need to succeed.”

“Dealstruck has made tremendous progress under Ethan’s leadership,” said Xie. “I look forward to joining this talented team and contributing to the company’s next phase of growth.”