San Francisco-based activist-investment firm Voce Capital Management LLC is urging stockholders to vote against the three OnDeck Capital directors facing re-election — a challenge that sent OnDeck shares rising as much as 11.2 percent Friday (April 17). In a 12-page letter to investors, Voce Chief Investment Officer...
New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct. 21), outlining an alliance that sees...
OnDeck Capital said in its third-quarter results that loan origination volume jumped double digits year over year and sequentially, where the volume of $648 million was up 22 percent from the 2017 third quarter and up 10 percent from the second quarter of this year....
OnDeck Capital reported second quarter results that showed continued growth in loan originations and improved credit quality metrics. Management stated on a conference call with analysts that the gains in those areas – which in turn boosted top and bottom lines that exceeded Wall Street...
April 17, 2020
San Francisco-based activist-investment firm Voce Capital Management LLC is urging stockholders to vote against the three OnDeck Capital directors facing re-election — a challenge that sent OnDeck shares rising as much as 11.2 percent Friday (April 17). In a 12-page letter to investors, Voce Chief Investment Officer J. Daniel Plants wrote that OnDeck has seen its stock […]
August 07, 2018
OnDeck Capital reported second quarter results that showed continued growth in loan originations and improved credit quality metrics. Management stated on a conference call with analysts that the gains in...
August 09, 2016
OnDeck Capital reported second quarter results on Monday (Aug. 8) that fared a bit better than analysts’ expectations, with key tailwinds including stronger originations, with higher loan loss provisions building up...
April 16, 2015
Alternative lenders Prosper Marketplace and OnDeck Capital are tightening up an already close relationship by agreeing to share strategy as well as exchange loan referrals, the companies announced this week...