American Express won’t leave home without Kabbage. The credit card giant is acquiring the Atlanta-based online lender for an undisclosed amount of money, the companies announced today. The deal ...
Online lender Kabbage was one of the biggest lenders in the first year of the Paycheck Protection Program, processing more than $7 billion in loans. But for more than two years, the company has also ...
Kabbage disclosed that it has been under investigation for more than a year by the U.S. Attorney’s Office in Massachusetts under the false claims act, which prevents against government fraud, “on the ...
The Atlanta, Georgia-based financial tech (or “fintech”) company Kabbage is solidly entrenched in the niche of loans to small and medium businesses–along with providing their proprietary tech for big ...
American Express could use Kabbage’s software and talent to provide a broad range of services to small businesses that would rival any bank’s, observers said. “It makes sense for American Express ...
Kabbage funding provides small businesses with short-term loans and lines of credit. Kabbage loans are available in six-, 12- and 18-month installments. If you choose a Kabbage line of credit, you ...
Forbes contributors publish independent expert analyses and insights. I chronicle the challenges faced by companies who make things. May 06, 2015, 06:00am EDT Jan 08, 2021, 03:55pm EST This article is ...
Kabbage, a platform for online merchants to borrow working capital, is picking up some cabbage of its own: the startup has closed a $270 million credit facility from Guggenheim Securities, the ...
Data is the new oil, as the saying goes, and today Kabbage — a fintech startup backed by SoftBank that has built a business around lending up to $250,000 to small and medium enterprises, using ...
US online small business lender Kabbage has raised a mammoth $135 million (£87.9 million) from investors including US investment group Reverence Capital Partners, Dutch bank ING, Santander's venture ...
Getting a small business loan can be arduous. Paperwork, meetings, bureaucracy - the process can often take several months or longer. But, according to Kabbage co-founder Kathryn Petralia, it doesn't ...