Mobile devices have changed consumer expectations. People now expect that you can have access to anything you might need right...
Leading fintech small business lender Kabbage has been a major force in getting PPP loans into the hands of small...
Short term small business lender Kabbage raised a $250 million Series F round from Japan's SoftBank, bringing their total equity funding to $500 million; according to TechCrunch, Kabbage CEO Rob Frohwein says the funding will be used to expand their US footprint, launch more analytical tools, expand into the Asian market and add new products; when talking with TechCrunch before the round was public, Rob explained the thought process behind going into new products like payments; Frohwein says: "Look at how PayPal and Square have both gone from being payments companies to small business lenders. There is a clear connection between how companies think about those two business areas, so it's not a giant leap of faith for us to consider this." Source
Many (perhaps most) small businesses are not well served by their bank. This was made clear during the Paycheck Protection...
Kabbage continues to look into how they can serve small businesses in new ways. We recently shared Kabbage’s announcement of...
Kabbage will now offer lines of credit up to $250,000; this is the largest credit line available from any online lender; Kabbage will expand its customer base to larger businesses with the higher credit lines; Kabbage also shared results of a survey sharing where small businesses plan to invest in 2018. Source
Small business, marketplace lender, Kabbage, has announced two new executive hires; the executive hires will focus on technology and data as the company seeks to expand and gain greater market share in online small business lending; Amala Duggirala will join Kabbage as the chief technology officer and Rama Rao will be the chief data officer. Source
Today, Kabbage announced the launch of their new small business checking account called Kabbage Checking; it is being offered in...
Kabbage has been working on new ways that they can serve small businesses; they recently announced the launch of extremely...
Much of the attention of the Paycheck Protection Program has been on the automation of the approval process; this was...