Out Fox The $treet

Trump hasn't even taken office yet and the Federal regulators are already proposing regulations that will make it more efficient for FinTechs to operate. The Office of the Comptroller of the Currency proposed allowing FinTech firms to obtain a national bank charter.

Summary OnDeck Capital released Q2'15 results that easily surpassed internal guidance. The stock recently bounced off all-time lows to start the month. A shift away from balance sheet risk will reward shareholders going forward.   A big difference in the market valuations between OnDeck Capital (NYSE: ONDK ) and LendingClub (NYSE: LC ) is centered on the marketplace focus by the latter. In addition, OnDeck Capital carries the risk of the loans originated on its platform bringing in a higher level of risk and balance sheet requirements adding up to a lower valuation.  Read the full article on Seeking Alpha. Disclosure: No positions mentioned. Please read the disclaimer page for more details.

OnDeck Capital continues generating exceptional growth though the stock now trades at the lows. Too much capital chasing too few loans is the biggest risk in the online lending category. OnDeck Capital is a stock to own if it holds the recent bottom around $15. It didn't take long for the exciting fintech category to cool off. Even without a lot of competition for capital in the public markets, a stock like OnDeck Capital (NYSE: ONDK ) is already trading down 50% from the all-time highs. At $15, the stock actually trades right at the lows from earlier this year. Read the full article on Seeking Alpha. Disclosure: No positions mentioned. Please review the disclaimer page for more details.