Tagged: ondk

OnDeck Reports Q1 Results. Tempers Fiscal 2016 Expectations

Online lender to SMEs, OnDeck (NYSE:ONDK) announced their Q1 results after the bell today that disappointed investors while guiding lower for the year.  Shares of OnDeck took a bit of a beating after hours following the earnings release as the numbers missed analyst expectations. Perhaps… Read More

OnDeck Delivers Q4 Results. Beats Expectations but Guides Lower

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

OnDeck CEO: We Realized the Traditional Banking Model of Waiting 4 to 6 Weeks Wasn’t Optimal (Video)

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

OnDeck IPO Jumps on Day One, Just as Expected

The next peer to peer lending platform to publicly trade, OnDeck, hit the screens of the NYSE today trading under the symbol ONDK.  The company filed its S-1 with the SEC this past November catching the wave of Lending Club’s IPO success earlier this month…. Read More

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