OnDeck

Chase Terminates OnDeck SMB Loan Collaboration
Chase Terminates OnDeck SMB Loan Collaboration
July 29, 2019  |  Loans

Following its disclosure that JPMorgan Chase would no longer originate new small business loans through OnDeck’s platform hosting Chase Business Quick Capital, shares in OnDeck...

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OnDeck Tightens Credit Standards As Charge-offs Rise
OnDeck Tightens Credit Standards As Charge-offs Rise
May 02, 2019  |  Earnings

OnDeck Capital’s shares skidded into the close of a trading day that saw shares down as much as 16 percent, tumbling in the wake of...

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OnDeck Launches Same Day ACH Service For SMB Borrowers
OnDeck Launches Same Day ACH Service For SMB Borrowers
April 05, 2019  |  B2B Payments

Small business lending platform OnDeck is accelerating access to capital for its users through the launch of a same-day funding option. In an announcement on...

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OnDeck Completes Evolocity Merger In Canada
OnDeck Completes Evolocity Merger In Canada
April 03, 2019  |  B2B Payments

OnDeck has closed the merger between its Canadian operations and small business lender Evolocity Financial Group, also based in Canada. The company announced in a...

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Has Alternative Lending Seen Its VC Peak?
Has Alternative Lending Seen Its VC Peak?
March 26, 2019  |  Alternative Finances

In 2015, news outlets ran articles about the “gold mine” of venture capital investments in the alternative finance sector. The industry indeed proved to be lucrative...

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OnDeck Beats Expectations, Plans To Expand ODX Service
OnDeck Beats Expectations, Plans To Expand ODX Service
February 12, 2019  |  Earnings

OnDeck beat expectations with its Q4 earnings report, with a surge in loan originations and larger than expected revenue gains. “2018 was a pivotal year...

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OnDeck Diversifies With Equipment Finance Loans
OnDeck Diversifies With Equipment Finance Loans
December 20, 2018  |  B2B Payments

OnDeck will be adding a new corporate financing product to its offering next year: equipment finance. In a press release issued Wednesday (Dec. 19) OnDeck said...

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OnDeck Launches ODX To Help Banks Lend To SMBs Online
OnDeck Launches ODX To Help Banks Lend To SMBs Online
October 16, 2018  |  Loans

OnDeck Capital has created a unit that will provide technology and services for banks lending to small businesses over the internet. Reuters, citing the company,...

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FinTechs Wary Of US Bank Charter Plan
FinTechs Wary Of US Bank Charter Plan
August 15, 2018  |  Banking

Despite having the chance to apply for banking licenses with the Office of the Comptroller of the Currency, many online lenders are proceeding with caution....

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