Dave Beach
Editorial & Communications Lead
Today we’re sharing that our co-founder, Joe Flanagan, is stepping down as Chairman and leaving Maple to focus on what comes next for him.
Joe co-founded Maple in 2019 with Sidney Powell to bring credit onchain with the discipline institutions expect. He helped build the team and lending business that has originated more than $20B in loans, manages $4.8B in AUM, and has distributed more than $100M in yield to lenders. That track record changed what lenders and borrowers expect from onchain credit, and that influence reaches well beyond Maple.
This is an agreed and orderly transition. His responsibilities move to CEO and Co-Founder Sidney Powell and our leadership team. Day-to-day operations continue as normal.
Our direction remains the same. Maple is an onchain asset management platform, native to where traditional finance, fintech, and onchain finance converge, and we believe that’s how billions of dollars of capital will move onchain. Our team has underwritten through full market cycles since 2019, activating capital onchain.
Thank you, Joe.
About Maple
Maple is an onchain asset management platform that activates capital through lending and trading. Lenders provide capital to underwritten strategies for yield opportunities, and institutional borrowers access capital from those strategies to fund and grow their businesses. The yield lenders receive comes from the interest those borrowers repay. Partners embed the same yield into their own products.
Through full market cycles since 2019, Maple has originated more than $20B in loans, manages $4.8B in assets, and has distributed more than $100M in yield back to lenders, with positions and transactions verifiable onchain.
Discover more at maple.finance. Onchain Capital. Activated.
Dave Beach
Editorial & Communications Lead
Dave runs content and communications at Maple, drawing on a decade in fintech and finance. Dave started as a banking trade journalist and went on to build out the content and communication strategies at leading fintechs.
