New York is set to follow California is requiring non-bank lenders to disclose metrics on each loan; metrics include total...
According to a form d filing with the Securities and Exchange Commission small business lender Kabbage is in the middle of a $161mn round; the filing shows they have thus far raised a little over $80mn; this round is in addition to the $250 million investment from a subsidiary of Softbank Group in August. Source.
Kabbage is now accepting applications from small businesses under the Paycheck Protection Program (PPP); Kabbage recently stopped lending on March...
Round two of the Paycheck Protection Program (PPP) opens this morning at 10:30am ET. If you thought round one was...
As non bank lenders continue to gain market share across different loan segments, we wanted to give a complete overview...
The largest online small business lender in the US is now PayPal having done $4 billion in loans in 2018;...
In this week’s PeerIQ Industry Update they cover the drop in unemployment to 3.8 percent and the rise in hourly...
Here are the most read news stories from our daily newsletter today: American Express reportedly in talks to buy Kabbage...
After pausing new lending in March Kabbage pivoted to focus on the Paycheck Protection Program and in doing so has...
Today, Kabbage announced the launch of their new small business checking account called Kabbage Checking; it is being offered in...