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
Read more in: Investment Platforms and Marketplaces | Tagged noah breslow, ondeck, ondk
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
Read more in: Investment Platforms and Marketplaces | Tagged marketplace, noah breslow, ondeck, ondk
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
Read more in: Investment Platforms and Marketplaces | Tagged andrew ross sorkin, cnbc, noah breslow, ondeck, ondk
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
Read more in: Investment Platforms and Marketplaces, Uncategorized | Tagged ipo, nyse, ondeck, ondk, p2p, peer to peer
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