Last quarter the the big news for OnDeck was the creation of their technology subsidiary called ODX, a platform that...
The Chinese online lender issued over $2 billion loans in the quarter to over 200,000 borrowers; this represented year over year growth of 95%; 2017 total originations were $6.3 billion across nearly 650,000 borrowers; Revenue in the fourth quarter was $280.5 million and net income was $69 million. Source
Issuance in Q4 2018 totaled $2.6 billion, the slowest pace of issuance in 5 quarters; this represented a decrease of...
As projected, OnDeck reported GAAP profitability when they announced their Q4 2017 earnings earlier this morning. They have been on...