OnDeck has been working towards executing on their five strategic initiatives for 2018: grow responsibly, strengthened credit management, invest in high-growth...
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Below you will find the presentations of several speakers at LendIt USA 2015. This includes, Renaud Laplanche (Founder & CEO, Lending...
2016 was a year filled with shaky investor confidence, compliance issues and bad credit performance in online lending; OnDeck CEO Noah Breslow's 2017 LendIt USA keynote focused on the challenges posed by 2016 and the trends for 2017 and beyond; after seeing how the industry reacted to these challenges he stated that he is now more optimistic than ever before; the industry is maturing and measures of success have shifted; the unstoppable trends include: customer awareness, trust and adoption of online lending, bank partnerships, constructive engagement between the public and private sector, and the global growth of online lending; he also predicts that by the mid 2020's nearly all small business loans will be made online. Source
OnDeck reported first quarter earnings yesterday and total originations dipped for the quarter coming in at $636 million compared to...