The NYSE floor slowly floods as OnDeck begins its initial public offering on December 17, 2014.

The NYSE floor slowly floods as OnDeck begins its initial public offering on December 17, 2014.

 Kevin Lodewick places orders during OnDeck's initial public offering on December 17, 2014.

Kevin Lodewick places orders during OnDeck's initial public offering on December 17, 2014.

 Fred DeMarco of Baycrest Partners, LLC monitors the markets during OnDeck's initial public listing on Decmeber 17, 2014.

Fred DeMarco of Baycrest Partners, LLC monitors the markets during OnDeck's initial public listing on Decmeber 17, 2014.

 KCG's Michael O'Connor relays pricing information during OnDeck's initial public offering on December 17, 2014.

KCG's Michael O'Connor relays pricing information during OnDeck's initial public offering on December 17, 2014.

 Dudley R. Devine of Morgan Stanley, an underwriter for OnDeck's initial public offering, remains in contact as the stock opens for the first time.

Dudley R. Devine of Morgan Stanley, an underwriter for OnDeck's initial public offering, remains in contact as the stock opens for the first time.

 Barclays' Joseph Mastrolia remains alert during OnDeck's initial public offering on December 17, 2014.

Barclays' Joseph Mastrolia remains alert during OnDeck's initial public offering on December 17, 2014.

 OnDeck CEO Noah Breslow (left) and CFO Howard Katzenberg (right) cheer on as their stock opens on December 17, 2014. 

OnDeck CEO Noah Breslow (left) and CFO Howard Katzenberg (right) cheer on as their stock opens on December 17, 2014. 

 OnDeck CEO Noah Breslow strikes the First Trade Bell as his company officially begins trading under the ticker symbol ONDK.

OnDeck CEO Noah Breslow strikes the First Trade Bell as his company officially begins trading under the ticker symbol ONDK.

  Peter Tuchman of Quattro M. Securities, Inc., jokes with OnDeck executives as the company begins its first day of trading on December 17, 2014.

Peter Tuchman of Quattro M. Securities, Inc., jokes with OnDeck executives as the company begins its first day of trading on December 17, 2014.

 OnDeck employees celebrate as their company's stock debuts at $20.00 per share, rising to $27.98 by the end of its first day of trading.

OnDeck employees celebrate as their company's stock debuts at $20.00 per share, rising to $27.98 by the end of its first day of trading.