OnDeck Capital IPO: A Treadmill Lender

[easy_sign_up title=”Sign Up for Free Monthly Newsletter on the hottest FinTech Companies”] Summary: OnDeck Capital (ONDK) has engineered a treadmill lending platform for small businesses resulting in 49.2% of 2014 originations from repeat customers. This is a risky way to grow the business as ending the refinance of any repeat customer risks default. OnDeck is …

LendingClub: The First Big FinTech IPO

LendingClub (Pending:LC) is a San Francisco-based online peer-to-peer lender. On Wednesday, December 10th, 2014, it is scheduled to price 57.7 million shares for between $12 and $14 a share and will begin trading on the NYSE the next day. This IPO will raise $900 Million for the company, be the second largest IPO of the …

Markit IPO: Buy the Moat and Be Better than Buffett

Click here for Permalink Click here for version published by Seeking Alpha Summary: • Markit’s IPO is set for Wednesday, June 18th. It is a buy. Its core product are prices and indices that facilitate the buying and selling of credit default swaps. • Its biggest threat is its own Board of Directors – a …