Ralph L. Leung Named Freedom Financial Network Chief Financial Officer


Ralph L. Leung Named Freedom Financial Network Chief Financial Officer

November 8, 2021


SAN MATEO, Calif. Nov. 8, 2021 -- Freedom Financial Network, a leading financial services company built to help people, announced today that Ralph L. Leung has been named Chief Financial Officer (CFO). Leung, who brings more than 22 years of broad experience in financial technology and services, financial operations, investment banking and corporate strategy, will join the Company to help drive Freedom’s strategy to transform the consumer finance industry by offering a digitally accelerated suite of consumer-centric personal finance products and services. Leung will lead the Company’s finance organization and will oversee accounting, treasury, financial planning and analysis, corporate development, and investor relations. 

Prior to Freedom Financial Network, Leung served as CFO of Fivestars (backed by Lightspeed Venture Partners, DCM Ventures, Menlo Ventures and HarbourVest), a leading U.S. two-sided local commerce network that combines a marketing platform with integrated payments, where he helped drive strategy and growth across the business and led the Company through its strategic acquisition by global payments leader SumUp. Prior to Fivestars, Leung served in CFO and senior executive roles at other VC-backed technology companies, and as a senior technology and fintech investment banker at Morgan Stanley.

“It is an exciting time to join Freedom Financial Network,” said Leung. “Freedom is growing at a rapid pace, innovating new solutions and offering capabilities to help more consumers on their path to brighter financial futures. This is a great opportunity to join a talented team as we further strengthen the company’s financial growth.”

Freedom Financial Network is a leading financial services company, helping people make better financial decisions by managing expenses and debt, saving money, and planning ahead. The company provides innovative technology and relationship-driven support for every step of a consumer’s financial path, including personal loans, debt solutions and restructuring, home equity lines of credit, and financial tools and education. Headquartered in San Mateo, California with offices in Tempe, Arizona and teammates across the country, Freedom has served more than one million customers and is growing.

“I am pleased to welcome Ralph to our leadership team,” said Jeff Staley, managing director, Freedom Financial Network. “His deep and extensive experience in strategic financial planning, driving execution and managing through rapid growth will make an impact today and in the future. I am confident that he will help drive our growing organization.”

Freedom retained Harvest CFO, a national executive recruiting firm, to assist with this nationwide search.

Freedom Financial Network (www.freedomfinancialnetwork.com)

Freedom Financial Network is a leading financial services company, built to help people. Financial solutions include FreedomPlus and ConsolidationPlus personal loans, debt relief and restructuring (Freedom Debt Relief), home equity lines of credit (Lendage) and financial education (Bills.com). Headquartered in San Mateo, California, Freedom Financial Network also has offices in Tempe, Arizona. The company employs nearly 2,300 team members and has been voted one of the best places to work in both the San Francisco Bay and Phoenix areas for several years.

Contact: Erica Bigley, ebigley@freedomfinancialnetwork.com, 415-710-9006