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New York & Tri-State  + Downtown New York  + Finance  | 

Madge Rumman Joins Tech-Driven Investment Platform Cadre as Product Chief

Cadre, a technology-driven commercial real estate investment platform, has appointed financial technology veteran Madge Rumman as head of product. Rumman will report directly to founder and CEO Ryan Williams and lead the Product team, helping to build and accelerate the launch of new offerings that expand access to real estate for more investors. 

Rumman joins Cadre with extensive experience building digital, consumer-oriented product offerings in financial technology. Prior to Cadre, she served as director of product at Affirm. She previously served as the head of product at a leading Canadian buy-now-pay-later (BNPL) provider, PayBright, which was acquired by Affirm in 2021. 

While at PayBright, Rumman focused on leading the product function, including launching e-commerce and in-store BNPL offerings, building a consumer app, and expanding the department to more than 20 professionals. Following Affirm’s acquisition of PayBright, she led the M&A integration efforts for the product stack and led product launches of key enterprise merchants, including the launch of the Apple partnership with Affirm in Canada. 

Rumman’s hire marks the third key leader to join the firm within the first half of the year, joining head of engineering Skand Gupta and chief marketing officer Dustin Cohn. She also arrives on the heels of Cadre’s best quarter yet after the firm announced two significant realizations and strong subscriber growth, which helped the firm nearly reach the $5-billion total real estate transactions milestone in the first quarter. 

“Cadre’s world-class investments expertise and tech-forward approach have long propelled our growth, as demonstrated through evolution of our product pipeline and continued deal performance,” said Williams. “We are excited to maintain our course with Madge’s proven ability to improve and build compelling tech-forward products.” 

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About Ted Jackson

A highly successful financial journalist, corporate financial writer and magazine entrepreneur with strong expertise in writing on fixed income and pass-through securities (ABS), finance and banking, the economy, economic developments, financial markets, investing and personal finance, the business of behavioral healthcare and more.

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