OnDeck (NYSE:ONDK) reported 4th quarter and full year results after the bell today. The online lender beat expectations by $0.01 but guided lower than market consensus. According to the release, OnDeck loaned more than $1.9 billion to SMEs for 2015, increasing gross revenue by 61%… Read More
Earlier this week, platform for small business loans OnDeck announced it has added former chief financial officer of E*Trade, Bruce Nolop, to its Board of Directors. Nolop currently holds board positions with Marsh & McLennan Companies, Inc., a global professional services firm; TEGNA Inc., a broadcast and… Read More
Noah Breslow, CEO of OnDeck (NYSE:ONDK), walked over to the studios of CNBC to talk about their recent partnership with JP Morgan and the future of credit. Breslow started by stating the obvious; driving to a branch and then waiting multiple weeks for a loan… Read More
Intuit Inc. (NASDAQ:INTU) is partnering with OnDeck (NYSE: ONDK), a leading platform for small business loans, to launch the new QuickBooks Financing Line of Credit to provide faster access to lower-rate small business loans. This first-of-its-kind financing solution enables small businesses to use their QuickBooks… Read More
“We are extremely excited by the possibilities of the next decade in the alternative finance market… OnDeck’s vision is to transform how money flows to small businesses by leveraging our platform to provide capital on demand for small business owners. The data flowing through a small… Read More
On Deck Capital, Inc. (NYSE: ONDK), reported earnings this week alongside P2P industry leader Lending Club. This is the first quarterly releases for OnDeck since the platform listed shares on the NYSE this past December. On Deck is a peer to peer lending platform that focuses… Read More
OnDeck, a company that believes in small business, announced today it raised $77 million in a growth investment round led by Tiger Global Management with participation from existing investors Institutional Venture Partners, RRE Ventures, SAP Ventures, Google Ventures, First Round Capital, Industry Ventures and Peter Thiel. OnDeck… Read More
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