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Discussion
Fintastico Team
3 months
https://www.crowdfundinsider.com/2020/08/165661...
OnDeck Subsidiary ODX Offers New Digital Account Services for Online Banking
ODX, a subsidiary of OnDeck (NYSE: ONDK) - a Fintech that was recently purchased by Enova, has announced the launch of a 'Digital Account Opening' (DAO) experience, adding to its suite of services offered by the company. The DAO service is designed to streamline onboarding
Fintastico Team
3 months
https://www.aeresearch.net/financial-technology...
Financial Technology (FinTech) Market Summary, Trends, Sizing Analysis and Forecast To 2025
Industry Growth Forecast Report on “ Financial Technology (FinTech) Market size | Segment by Applications (Individuals, Businesses and Others), by Type (P
Fintastico Team
3 months
https://www.crowdfundinsider.com/2020/08/165544...
Aspiring Online Lenders backed by Established Corporates are More Likely to Secure Virtual Bank Licenses than Standalone Challengers: Report
Aspiring online lenders backed by established corporates are more likely to secure virtual bank licenses than standalone challengers: report.
Fintastico Team
3 months
https://thefintechtimes.com/tel-aviv-born-explo...
Tel Aviv-Born Explorium Raised $31 Million in Series B To Further Grow | The Fintech Times
Explorium, founded in Tel Aviv by Maor Shlomo, Or Tamir, and Omer Har, was named earlier this year as Israel’s most promising early-stage Fintech startup by Citi accelerator, Intuit, and Visa for bringing superior external-data-driven predictive decision-making capabilities for the financial services industry. Last month, the company announced an additional $31 million in funding for its data science platform powered by automated data discovery. The Series B funding round was led by existing investor Zeev Ventures and joined by ex-Twitter leadership’s 01 Advisors and Sir Ronald Cohen’s Dynamic Loop, with the participation of seed investors Emerge and F2 Capital. Explorium’s total funding is now $50 million.
Fintastico Team
3 months, 3 weeks
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
3 months, 3 weeks
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
3 months, 3 weeks
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
3 months, 3 weeks
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
3 months, 3 weeks
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
3 months, 3 weeks
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
3 months, 3 weeks
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
3 months, 3 weeks
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
3 months, 3 weeks
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
3 months, 3 weeks
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
3 months, 4 weeks
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
3 months, 4 weeks
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
3 months, 4 weeks
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
4 months
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
4 months
https://www.americanbanker.com/news/nonbanks-fa...
Fintastico Team
4 months
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
4 months, 1 week
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
4 months, 2 weeks
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 months, 2 weeks
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 months, 2 weeks
https://www.crowdfundinsider.com/2020/07/163922...