Mobile devices have changed consumer expectations. People now expect that you can have access to anything you might need right...
Speaking at LendIt Fintech 2018 Kabbage CEO Rob Frohwein talked about building a brand in the online lending space; he explained most companies think boiler rooms equal brands, he went on to say you need to spend time and money on building your company’s brand; building relationships is the key, not just credit scores and data, you need to understand what your customer wants and needs by engaging with them on a regular basis. Source.
Kabbage shared today that over 110,000 small businesses have been approved through their platform totaling $3.5 billion; Kabbage is an...
The largest online small business lender in the US is now PayPal having done $4 billion in loans in 2018;...
As non bank lenders continue to gain market share across different loan segments, we wanted to give a complete overview...
Lend Academy shares several companies who have announced major origination milestones across small business lending and real estate; included in the list is Kabbage, LendingHome, Funding Circle and LendingClub. Source
I examine how $6.4 billion real estate brokerage Compass stacks up against the digital wealth and lending companies with a similar go-to-market strategy, and provide some ideas as to why it is successful. Compelling questions also emerge when looking on how technologies like AR/VR are commoditizing the property brokerage experience. Compass, a residential real estate startup that built out a platform for brokers -- proprietary and external -- and has recently raised $370 million at a $6.4 billion valuation. I found the language and positioning sort of eery, in how similar it was to the story in industries I closely follow. It even bought a CRM earlier this year, not unlike AdvisorEngine buying Junxure, or Salesforce getting into financial verticals. What I did find unusual, was the absolutely massive valuation.
The Nexus Dealmakers Summit is one month away, as more than 150 fintechs firms get ready for executives-only networking at Miami Beach on Feb. 7 and 8.
After pausing new lending in March Kabbage pivoted to focus on the Paycheck Protection Program and in doing so has...
Kabbage launched a new website called www.helpsmallbusiness.com; the website allows consumers to purchase online gift cards from small businesses; revenue...