GLASS CRYPTO FEATURES
CEO and Chairman of Blockchain Startup Spring Labs
Early Life and Beginning
Adam Jiwan is a highly experienced entrepreneur and global investor. As the founder and managing director of Ridge Road Partners and Spring Labs, Adam Jiwan is a very exciting addition to the blockchain and cryptocurrency landscape.
With a career that spans more than 15 years and 30 countries, Adam Jiwan is no doubt an investment guru and a leader in the ‘investment by acquisition’ market. By combining his operational experience and investing acumen, Adam Jiwan has managed to lead multiple financial firms to success and made more than many an investor very pleased with their choice in
The birth of Spring Labs can be traced to the early years of Avant, one of the leading lending and financial advisory company that was started in the year 2012. With over half a million happy clients and an estimated $5 billion in loans, Avant provided Adam Jiwan with a great investment opportunity to start Spring Labs. While working at Avant Inc, Adam efforts were recognized by Forbes who ranked the company as the sixth most promising financial institution in America. This clearly shows how Adam was committed in his role in the company and how his skills and attributes propelled the company to national and global recognition.
The birth of Spring Labs was conceived after Adam and his co-workers namely Anna Fridman and John Sun discussed issues surrounding the securitization of lending companies and financial firms in general. They realized that security issues affecting these companies were increasing. Adam and his Avant teammates conversations around the subject also began to increase and they knew that not only the financial institutions would benefit from a new front line of security, but society as a whole would reap the credit and identity benefits that would come from a solution to these issues as well.
The coworkers also regaled one another with personal sagas of credit bureau breakdowns and tales of the inefficient systems underpinning these stories. They were far too common among fellow industry executives.
Because of this, Adam Jiwan and the team saw a glorious opportunity to update, secure, make understood and streamline a credit and identity ecosystem that was old and not built for our modern economy,
At the very same time that Adam Jiwan and his future Spring Labs cohorts were unwrapping the credit and identity issues that were plaguing our society the words ‘blockchain technology’ continued to find its way into their conversations. In aligning these two conversations, they determined that blockchain technology was the perfect tool to disassemble the Mad Hatter’s table of issues surrounding it all.
The network was designed to give financial institutions the power to securely and privately exchange customer’s credit information, and identity data without the lurking dangers of spying and identity theft. The Spring idea could and may already dramatically improve accuracy, reduce the cost associated with protecting the identity of clients, fight fraud, and most importantly, verify consumer identities before conducting a financial transaction. The idea of these basic security fundamentals being met has encouraged the inclusion of data that was not previously used in the credit ecosystem such as asset management, telecom providers, GSE’s, and insurance companies. The integration of these new entities would encourage easier partnerships between different and various financial entities.
Additionally, Spring Labs and its founders believe strongly in giving back and in a solid educational foundation for our next generation and have taken it upon themselves to promote the ideas behind entrepreneurship to our youth.
Adam Jiwan’s career as an investor and entrepreneur began at The Blackstone Group and Goldman Sachs. He later joined the famous Soros Fund Management where he gained unmatched experience in fund management and investing. While working at the Soros company, Adam was credited for driving the distressed debt, managing arbitrage investments, and providing a global special situation in investments. From the year 2006 to 2012, Adam Jiwan became a partner at the TPG-Axon Capital Management company where he served as the CEO and the co-CEO in the Asian branch. For the six years he worked at the company, he played
Adam Jiwan, an investor first and foremost, has a career that has taken him to over 30 countries where he has left his stamp through his strategic investments and acquisitions and all other matters concerning the financial and business worlds. His passion for growth and development has been mandated by his desire to make a better life out of his peers and the world in general.
Along with his full-time duties managing the Spring protocol… currently or until recently, our investor Adam Jiwan was a Managing Partner of Ridge Road Capital Partners and Orient Point Capital, holding corporations with stakes in financial services, real estate, Artificial Intelligence, gaming, as well as vertical software.
Adam was also Co-Founder and Chairman of Future Finance, Europe’s leading undergraduate finance organizations, and is the Co-Chairman of Assembly Software, a leading litigation software company in the United States serving over 3,000 law firms.