27 November 2015

Worldpay partners OnDeck for working capital programme

22 August 2014  |  1960 views  |  0 Source: Worldpay

Worldpay, a leading global provider of payment services, announced today its relationship with OnDeck , a technology-powered Main Street lender. Worldpay will leverage OnDeck's platform and proprietary technology to allow its small and mid-sized merchants access to OnDeck financing.

“By teaming with OnDeck, we can help connect our customers with the working capital they need to be successful.”

Worldpay customers rely on the company’s credit card processing services including face-to-face, virtual and mobile payment systems. The relationship will allow Worldpay’s small business customers to obtain working capital from OnDeck for business related growth needs, such as equipment or inventory purchases and hiring. OnDeck’s platform and proprietary credit score, the OnDeck Score™, enables easy application with fast approval and funding. To date, the company has loaned over $1 billion to small businesses in all 50 states across approximately 700 industries.

“This relationship supports both Worldpay’s and OnDeck’s shared commitment to serving small businesses nationwide,” said Jerome Hershey, vice president of business development, OnDeck. “Worldpay’s payment solutions and OnDeck’s financing products are a compelling, and complementary offering.”

“Worldpay is committed to providing services to our small business customers that help them grow their businesses,” said Patti Newcomer, chief marketing officer of Worldpay. “By teaming with OnDeck, we can help connect our customers with the working capital they need to be successful.”

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
Coinbase issues Bitcoin debit card
8323 views comments | 18 tweets | 21 linkedin
BBVA buys 29.5% stake in Atom for £45...
7647 views comments | 34 tweets | 41 linkedin
BNP Paribas to test contactless payment di...
5965 views comments | 17 tweets | 25 linkedin
UK banks propose merger of five trade asso...
5337 views comments | 7 tweets | 9 linkedin
Hilton confirms data breach
5236 views comments | 11 tweets | 17 linkedin

Featured job

to $120K base, double OTE, benefits
New York City, NY or Boston, MA (USA)

Find your next job