Online lender OnDeck Capital’s shares soar in debut

December 17, 2014 publisher amid-heavy, black, california, capital, help-it-win, larger-screen, market, officer, online-lender, rose-as-much, shares, telesocial, their-market, wednesday, world

By Neha Dimri (Reuters) – Shares of OnDeck Capital Inc rose as much as 40 percent in their market debut, underscoring investor appetite for startups using technology to disrupt traditional banking. The online lender’s shares touched a high of $28 amid heavy trading on Wednesday, valuing the company at about $1.85 billion

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Online lender OnDeck Capital’s shares soar in debut