OnDeck IPO Cashing In On Alternative Lending Boom

By | December 15, 2014

Scalper1 News

The hot IPO of Lending Club has elevated the focus on the emerging market of nonbank alternative lending. Among the leaders in this hot market is OnDeck Capital (ONDK), which provides an online platform for small-business lending. OnDeck is set to make its initial public offering this week. OnDeck plans to raise $170 million by offering 10 million shares at 16 to 18. It will list on the NYSE under the ticker ONDK, looking to price late Tuesday and Scalper1 News

Scalper1 News