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On Deck Capital (ONDK), Orchard Platform Enter Loan Purchasing Platform Solution Agreement

Go back to On Deck Capital (ONDK), Orchard Platform Enter Loan Purchasing Platform Solution Agreement

OnDeck Inks Agreement with Orchard

October 20, 2016 8:30 AM EDT

NEW YORK, NY -- (Marketwired) -- 10/20/16 -- Orchard Platform, the leading technology and data provider for online lending, today announced an agreement with OnDeck (NYSE: ONDK), the leader in online lending for small business to provide OnDeck with an automated and scalable solution to manage reporting for institutional investors purchasing OnDeck loans through OnDeck Marketplace. Orchard's technology also helps drive operational efficiencies by providing a universal view of standardized data through a suite of analytic and reporting tools.

The agreement also provides OnDeck with access to... More