OnDeck Australia is a financial service company that lends financing for small business.
OnDeck launched in Australia in 2015 to solve a major issue facing small businesses: efficient access to capital. They use cutting-edge technology to evaluate businesses based on their actual performance, not solely business owners’ personal credit scores. Ultimately, this makes it possible for us to responsibly expand access to credit. As a result, businesses are able to spend their time where it provides the most benefit—on their customers and on growing, rather than looking for a small business loan.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Jul 25, 2018 | Debt Financing | $75M | 1 |
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— | Detail |
Investor Name | Lead Investor | Funding Round |
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Yes | Debt Financing |