OnDeck

Today In B2B: Finadvant Eyes SMB X-Border Payment Pains; Brex Lands $7.4 Billion Valuation
Today In B2B: Finadvant Eyes SMB X-Border Payment Pains; Brex Lands $7.4 Billion Valuation
April 27, 2021  |  B2B Payments

Today in B2B payments, Finadvant discusses the cross-border payment pains of small businesses, and Brex raises new funding. Plus, OnDeck readies for asset-backed security sale,...

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Today In B2B: SMBs Frustrated By PPP Glitches; OnDeck Collaborates With HomeAdvisor
Today In B2B: SMBs Frustrated By PPP Glitches; OnDeck Collaborates With HomeAdvisor
February 23, 2021  |  B2B Payments

Today in B2B payments, small businesses express frustration with the PPP loan program, while Cirralto plans new funding for its B2B payments tool. Plus, OnDeck...

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OnDeck Teams With HomeAdvisor On SMB Financing
OnDeck Teams With HomeAdvisor On SMB Financing
February 22, 2021  |  B2B Payments

OnDeck, an Enova International brand, has collaborated with HomeAdvisor to help businesses and tradespeople on the HomeAdvisor platform to access financing, according to a Monday...

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B2B FinTech Sees M&A Boom
B2B FinTech Sees M&A Boom
August 04, 2020  |  B2B Payments

Market consolidation is in full swing as organizations explore how to secure their futures in a volatile market. One of the biggest takeover discussions occurring...

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Today In Payments: Enova To Aquire OnDeck In $90M Deal; PayPal Reports Record Quarter
Today In Payments: Enova To Aquire OnDeck In $90M Deal; PayPal Reports Record Quarter
July 30, 2020  |  News

In today’s top news, Enova will purchase OnDeck in a $90 million stock and cash deal, and PayPal reported record second-quarter earnings. Plus, the testimony...

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Enova To Buy OnDeck In $90M Stock And Cash Deal
Enova To Buy OnDeck In $90M Stock And Cash Deal
July 29, 2020  |  Partnerships / Acquisitions

Enova International plans to acquire online small-business lender OnDeck for some $90 million in cash and stock. “This strategic transaction, which brings together two FinTech leaders, is a...

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Embattled OnDeck Reports $59 Million Net Loss
Embattled OnDeck Reports $59 Million Net Loss
April 30, 2020  |  Earnings

Already facing harsh criticism from an activist investor, FinTech OnDeck reported a $59 million first-quarter net loss and $57.6 million adjusted net loss due to an...

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OnDeck Q4 Originations Dip, Instant Funding Clients Almost Double
OnDeck Q4 Originations Dip, Instant Funding Clients Almost Double
February 11, 2020  |  Earnings

OnDeck fell short of expectations with its fourth-quarter earnings report on Tuesday (Feb. 11), and the financial services firm registered a decrease in loan origination volume. Chief...

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OnDeck Beats Expectations With Rising Origination Volume In Q3
OnDeck Beats Expectations With Rising Origination Volume In Q3
October 24, 2019  |  Earnings

OnDeck beat expectations with its Q3 earnings report on Thursday (Oct. 24), with a rise in loan origination volume. “We had a solid third quarter as origination...

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