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Discussion
Fintastico Team
1 week, 1 day
https://www.lendacademy.com/top-10-fintech-news...
Top 10 Fintech News Stories for the Week Ending August 1, 2020 - Lend Academy
Here are what I consider to be the top 10 most important fintech news stories of the past week. Enova Acquires OnDeck for $90 Million from Lend Academy – Enova, best known for short term consumer loans, is acquiring OnDeck, one the leading online small business lenders, in a $90 million cash and stock deal. …
Fintastico Team
1 week, 2 days
https://www.crowdfundinsider.com/2020/07/164797...
OnDeck Pairs with Enova: Fintech Consolidation Expected to Continue
Earlier this week, OnDeck (NYSE:ONDK) announced it was being acquired. For months, there had been rumors circulating that OnDeck had put itself up for sale. During Q1, OnDeck CEO Noah Breslow said during its earnings call that OnDeck was working with its board of directors
Fintastico Team
1 week, 2 days
https://www.fintechfutures.com/2020/07/enova-in...
Enova International acquires struggling lender OnDeck in $90m deal - FinTech Futures
US alternative financing firm OnDeck has been snapped by Enova International in a $90 million deal, after struggling in the wake of coronavirus.
Fintastico Team
1 week, 2 days
https://www.pymnts.com/news/2020/today-in-payme...
Today In Payments: Enova To Aquire OnDeck | PYMNTS.com
In today's top news, Enova will purchase OnDeck in a $90 million stock and cash deal, and PayPal reported record second-quarter earnings.
Fintastico Team
1 week, 3 days
https://bankinnovation.net/allposts/operations/...
OnDeck’s low price tag may signal problems for fintech lenders
This year continues to see major fintech acquisitions. Enova International announced yesterday it will acquire the small business lending fintech OnDeck for
Fintastico Team
1 week, 3 days
http://feedproxy.google.com/~r/finovate/~3/TXMh...
Enova to Acquire OnDeck in $90 Million Deal - Finovate
If deal-making is a sign of the health of an industry, then the fintech business – global public health crisis notwithstanding – may be doing better than some suspect. The latest signs of hi-life from the nexus of finance and technology comes from the news released after hours on Tuesday that Enova International – an Read more...
Fintastico Team
1 week, 3 days
https://www.americanbanker.com/news/why-ondeck-...
Why OnDeck is being sold on the cheap
The pioneering online lender had long struggled to live up to the hype that drove its early growth, even before the pandemic pushed it to the brink.
Fintastico Team
1 week, 4 days
https://www.pymnts.com/news/partnerships-acquis...
Enova To Buy OnDeck In $90M Deal | PYMNTS.com
Enova International will acquire OnDeck in a cash and stock deal worth roughly $90 million.
Fintastico Team
1 week, 4 days
https://www.crowdfundinsider.com/2020/07/164706...
OnDeck Shares Hold Gain Following Enova's Acquisition Announcement
OnDeck (NYSE:ONDK) announced it was being acquired by Enova yesterday. The news of the acquisition should not have come as much of a surprise as rumors have been circulating for some time now. In May, Crowdfund Insider reported on these rumblings while referencing previous comments
Fintastico Team
1 week, 4 days
https://www.finextra.com/newsarticle/36306/enov...
Enova to buy OnDeck for $90m
OnDeck, the online lender to small businesses, is being acquired by rival Enova in a cash and stock deal worth around $90 million.
Fintastico Team
1 week, 4 days
https://aithority.com/technology/financial-serv...
Enova to Acquire OnDeck to Create a Leading FinTech Company
Enova International and OnDeck announced that they have entered into a definitive agreement under which Enova will acquire all outstanding shares of OnDeck
Fintastico Team
1 week, 4 days
https://www.prnewswire.com/news-releases/enova-...
Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses
/PRNewswire/ -- Enova International (NYSE: ENVA) and OnDeck® (NYSE: ONDK), today announced that they have entered into a definitive agreement under which Enova...
Fintastico Team
1 week, 4 days
https://www.crowdfundinsider.com/2020/07/164673...
OnDeck Acquired by Enova for $1.38 a Share
Enova (NYSE:ENVA) has acquired online lender OnDeck (NYSE:ONDK) for $1.38 a share including $0.12 in cash, according to a corporate release. Shares in OnDeck jumped in after-hours trading moving from around $0.85/share to around $1.22/share. Under the terms of the agreement, OnDeck shareholders will receive
Fintastico Team
2 weeks
https://www.crowdfundinsider.com/2020/07/164463...
David Bradley-Ward, CEO at UK's Asset-backed Lender Ablrate, Says He 'Sees Light at the End of the Tunnel' Despite COVID-19 related Problems
David Bradley-Ward, CEO at UK's asset-backed lender Ablrate, says he "sees light at the end of the tunnel" despite COVID-19 related problems.
Fintastico Team
2 weeks, 1 day
https://www.americanbanker.com/news/nonbanks-fa...
Fintastico Team
2 weeks, 2 days
https://thetokenist.io/interview-ocrolus-co-fou...
Interview: Ocrolus Co-Founder Discusses Frontlines of PPP, Why FinTech Leads the Charge - The Tokenist
FinTech firm Ocrolus has helped 1.3 million businesses apply for the PPP
Fintastico Team
3 weeks, 3 days
https://www.etftrends.com/disruptive-technology...
A New, Lucrative Frontier Beckons for ARK Fintech ETF | ETF Trends
Investors often view fintech companies as new frontiers in the financial services realm and that's true.
Fintastico Team
3 weeks, 6 days
https://www.crowdfundinsider.com/2020/07/163955...
Fintech Insider Says Online Lenders are Struggling Due to US Government Programs Supporting Businesses During COVID-19
Yesterday, Crowdfund Insider reported on layoffs at OnDeck (NYSE:ONDK) - an SME focused online lender. Like many online lenders, COVID-19 has hit this sector of Fintech hard. Looking for additional insight into the challenges the industry CI reached out to an industry insider for their perspective
Fintastico Team
3 weeks, 6 days
https://www.crowdfundinsider.com/2020/07/163955...
Fintech Insider Says Online Lenders are Struggling Due to US Government Programs Supporting Businesses During COVID-19
Yesterday, Crowdfund Insider reported on layoffs at OnDeck (NYSE:ONDK) - an SME focused online lender. Like many online lenders, COVID-19 has hit this sector of Fintech hard. Looking for additional insight into the challenges the industry CI reached out to an industry insider for their perspective
Fintastico Team
4 weeks, 1 day
https://www.crowdfundinsider.com/2020/07/163922...
Fintastico Team
1 month
https://www.americanbanker.com/news/there-will-...
‘There will be hundreds of fintech failures’
Jane Gladstone, new president of Promontory Interfinancial Network, says the recession will accelerate the shakeout among the nonbank disruptors and that small banks have an opportunity to forge new bonds with the survivors.
Fintastico Team
1 month
https://www.americanbanker.com/news/there-will-...
‘There will be hundreds of fintech failures’
Jane Gladstone, new president of Promontory Interfinancial Network, says the recession will accelerate the shakeout among the nonbank disruptors and that small banks have an opportunity to forge new bonds with the survivors.
Fintastico Team
1 month, 1 week
https://www.lendacademy.com/top-10-fintech-news...
Top 10 Fintech News Stories for the Week Ending June 27, 2020 - Lend Academy
Here are what I consider to be the top 10 most important fintech news stories of the past week (in no particular order). Wirecard: the timeline from the Financial Times (free to all) – Detailed timeline of the history of Wirecard and the spectacular fall of one of Europe’s (formerly) most valuable fintech companies. Zopa …
Fintastico Team
1 month, 2 weeks
https://www.americanbanker.com/news/online-lend...
OnDeck Capital in high-stakes talks with creditors
With credit quality suffering due to the coronavirus outbreak, the online business lender faces onerous loan repayments if it can't renegotiate a corporate debt facility.