OnDeck, which uses big data to lend to small businesses, has raised almost $100m in equity from investors including SAP and Google.
OnDeck Capital, a US-based platform for small business loans, filed for a $150m initial public offering on the New York Stock Exchange on Monday.
OnDesk operates a platform that provides term loans and credit lines to small businesses, using big data to analyse their creditworthiness. It had raised approximately $97m in funding, as of May 2013.
The company’s shareholders include Sapphire Ventures, the corporate venturing unit of software producer SAP, which holds a 10.1% stake, and Google Ventures, the internet…