Company Information

Get to know ondeck

Founded in 2006, OnDeck was a pioneer in the online small business lending industry, utilizing data analytics and digital technology to provide rapid financing decisions. The company's proprietary "OnDeck Score®" model was developed to assess the creditworthiness of small businesses more effectively than traditional methods. After going public in 2014 (formerly NYSE: ONDK), OnDeck was acquired by Enova International (NYSE: ENVA) in 2020. Today, it operates as a prominent brand within Enova's portfolio, continuing its mission to provide small businesses in the United States, Canada, and Australia with accessible and flexible capital through term loans and lines of credit.

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ondeck

United States

Founded in

2007 (19 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

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ASIC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.