Noah Breslow has served as OnDeck's Chief Executive Officer and Chairman of our board of directors since June 2012 and as our Chief Operating Officer from October 2011 to June 2012. Previously, Noah held many executive roles at OnDeck including Chief Product Officer (2009-2011), Senior Vice President - Products and Technology (2007-2009) and Vice President, Products and Technology. Prior to joining OnDeck, Noah was Vice President of Marketing and Product Management for Tacit Networks, Inc., a provider of wide area network optimization solutions. Mr. Breslow holds an S.B. in Computer Science and Engineering from the Massachusetts Institute of Technology and an M.B.A. with distinction from Harvard Business School.
Breslow said that after the 2008 crisis Canada saw, across all its provinces, small business loan growth fall while GDP went up suggesting small firms are more underserved than previously.
He said that with an underserved market the opportunity for online lending is huge in Canada.
He added that OnDeck’s Canadian online lending customers are similar to their US equivalents yet online lending is currently serving a smaller amount of their credit needs.
Australian fintech industry is very organised compared with other countries. The proactive approach means that the government stays away
Australia’s SME lending market has grown at CAGR of 151%. That’s just online lenders. The growth is huge.
Expect consolidation – in the US six have shut down the past year. This is a business that advantages the scale player. If you fail to reach that you’re in trouble.
18th June 2019 | AltFi
18th April 2018 | David Tuckwell
23rd February 2016 | Guglielmo de Stefano
17th February 2016 | Guglielmo de Stefano