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OnDeck confirms origination surge following buyout

by OnDeck Australia,   Aug 11, 2022

The Adviser

11 August 2022


The lender has reported a 43 per cent origination increase since its management buyout, with raised funding limits said to be partly responsible.


In early February, OnDeck Australia’s (OnDeck) executives and investors collectively purchased 80 per cent of the lender from its US-based owner, Enova International.


Read the full article here.

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