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On Deck Capital Inc (ONDK.N)

ONDK.N on New York Stock Exchange

7.00USD
17 Jan 2019
Change (% chg)

$-0.08 (-1.13%)
Prev Close
$7.08
Open
$7.06
Day's High
$7.19
Day's Low
$6.89
Volume
118,527
Avg. Vol
204,814
52-wk High
$9.41
52-wk Low
$4.11

Latest Key Developments (Source: Significant Developments)

OnDeck To Enter Equipment Financing Market
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - On Deck Capital Inc ::ONDECK TO ENTER EQUIPMENT FINANCING MARKET.ON DECK CAPITAL INC - WILL BEGIN OFFERING EQUIPMENT FINANCE LOANS TO SELECT U.S. SMALL BUSINESSES NEXT YEAR.ON DECK CAPITAL INC - APPOINTMENT OF MARK ERICKSON AS VICE PRESIDENT OF EQUIPMENT FINANCE.  Full Article

Ondeck reports Q3 gaap loss per share $0.06
Monday, 6 Nov 2017 

Nov 6 (Reuters) - On Deck Capital Inc :Ondeck reports third quarter 2017 financial results.Q3 revenue rose 1 percent to $32.8 million.Q3 revenue view $84.5 million -- Thomson Reuters I/B/E/S.Q3 GAAP loss per share $0.06.Q3 earnings per share view $0.02 -- Thomson Reuters I/B/E/S.On Deck Capital Inc - ‍remain on track to achieve GAAP profitability in Q4 and look forward to profitable growth in 2018​.On Deck Capital Inc sees ‍ full year 2017 gross revenue between $342 million and $352 million​.On Deck Capital Inc sees ‍full year adjusted EBITDA between $5 million and $15 million​.FY2017 revenue view $348.7 million -- Thomson Reuters I/B/E/S.  Full Article

OnDeck collaborates with Ingo Money and Visa to enable real-time loan funding to small businesses
Monday, 23 Oct 2017 

Oct 23 (Reuters) - On Deck Capital Inc :OnDeck collaborates with Ingo Money and Visa to enable real-time loan funding to small businesses.On Deck Capital Inc - plans to offer instant funding service to its line of credit customers beginning in early 2018​.  Full Article

On Deck Capital says unit amended its existing asset-backed revolving debt facility
Tuesday, 14 Feb 2017 

On Deck Capital Inc : On February 14, co's unit amended its existing asset-backed revolving debt facility - sec filing . The facility amendment amends credit agreement dated as of August 19, 2016 . On Deck Capital - the facility amendment provides for an increase in lenders' revolving commitment from an aggregate amount of $100 million to $150 million .On Deck Capital - the facility amendment provides for extension of revolving commitment termination date by approximately six months to Feb 14, 2019.  Full Article

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Fintech firms want to shake up banking, and that worries the Fed

WASHINGTON The U.S. Federal Reserve is wary of giving "fintech" firms such as OnDeck Capital Inc or Kabbage Inc. access to the country's financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold.