“OnDeck Australia is thrilled to be partnering with CBA, the largest of Australia’s ‘big four’ banks. This partnership has been in the making for some time and is a great synergy between our two companies in terms of innovation, technology and customer experience.
“The partnership will leverage OnDeck’s sophisticated credit platform and OnDeck Score®, which has been tried and tested in the US market for 8+ years, to provide qualifying clients with funding in as fast as one business day.
“In addition to CBA, OnDeck has entered the Australian market with another market-leading partner: MYOB, the foremost business accounting software provider. Our goal is to provide an alternative lending solution for small businesses and we believe these partnerships will help us reach and serve them. This vision mirrors that in the US, where OnDeck recently announced a planned strategic partnership with the largest US bank, JP Morgan Chase. Ultimately, we look forward to helping Australian small businesses access the financing they need to grow.”
– Noah Breslow, CEO, OnDeck