Public Fintech Lenders Stock Changes in COVID-19

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This week, OnDeck Capital announced lending is expected to resume in June. This is great news and EPA USA Inc. is here to #SupportFintech.

We have tracked stock prices for two public fintech lenders through major milestones of COVID 19. While markets have reacted favorably to the news, it is clear lenders must have a plan to address the NPL increases of 2020.

2019/12/31

China reports a cluster of pneumonia cases in Wuhan.

2020/01/30

First confirmed person to person transmission of COVID 19 in the US.

2020/03/11

Sports seasons suspended and states begin mandating closures and restrictions.

2020/05/4-6

Q1 Earnings calls held for public fintech lenders. Impacts of COVID 19 seen in results.

2020/06/08

OnDeck Capital announces lending to resume in June