OnDeck Expects Double-Digit Originations Growth in 2018
EXCLUSIVE—Online lender OnDeck grew originations and expects even more growth this year, according to its earnings call today. The New ...
Tag: OnDeck
Capital One Looks to the Cloud to Power Innovation Efforts
EXCLUSIVE—Cloud infrastructure and data analytics are becoming more and more integral to financial services, and Capital One is one bank ...
Credibly Continues Growth With $500M Origination Milestone, BizFi Portfolio
EXCLUSIVE -- Leading “fin-data” SMB lender Credibly will now be servicing the portfolio of competitor lender BizFi, adding BizFi's $250 ...
Is Lending Club Back?
Better originations, better sales, more revenue: wow, did Lending Club just report a positive quarter? With the results reported on ...
OnDeck Will Focus on Better Borrowers, Expanded Partnerships to Grow Originations
OnDeck is turning towards upgraded features, expanded partnerships, and higher-quality borrowers to jolt its originations back towards growth. The online ...
Just One Third of OnDeck Borrowers Need Human Intervention
Machine learning and artificial intelligence have made waves in the lending space recently, but human underwriters are by far not ...
More Than a Quarter of Upstart’s Loans Are Now Fully Automated
Artificial intelligence and machine learning have found their way into lending. But can we trust robots with loan origination quite ...
Lending Can Be as Easy as P2P, Says Former Venmo Exec
The likes of OnDeck and Lending Club have made the borrowing experience significantly simpler for borrowers, removing paperwork and reducing the ...
Startups Cotton to Venture Debt as Interest Rates Rise
The year 2016 may go down as the year of debt for startups, a new report suggests. Venture capitalist plunged ...
OnDeck Adds $200 Million Revolving Debt Facility from Credit Suisse
Small business marketplace lender OnDeck is adding Credit Suisse to its financing toolbox with a $200 million revolving debt facility. ...
