OnDeck management team completed acquisition of OnDeck from Enova International.

OnDeck management team completed acquisition of OnDeck, an online lender for Canadian small businesses, from Enova International, a financial technology company. Financial terms were not disclosed. “The management team at OnDeck Canada is extremely pleased to have completed this transaction. We are grateful for the support of our employees, partners and financial sponsors and look forward to capitalizing on the significant opportunities that lie ahead,” Neil Wechsler, OnDeck CEO.