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News Stories (12 Results) - Kabbage

Kabbage, Inc., a data and technology company offering automated cash flow solutions to small businesses, closed a $200 million revolving credit facility to support its rapid growth providing U.S. small businesses access to flexible, online... Read Story
July 03, 2019, 07:10 AM


The Innovative Lending Platform Association (ILPA) and the Coalition for Responsible Business Finance (CRBF) announced they are joining forces and will now operate as the ILPA – the leading trade organization representing a diverse group of online... Read Story
March 06, 2017, 07:10 AM


Bizfi, the premier fintech company with a platform that combines aggregation, funding and a marketplace on a single platform for small businesses, announced that it has surpassed $2 billion in financing – through both growth and working capital – to... Read Story
December 23, 2016, 07:15 AM


Bizfi announced they have originated more than $127 million in financing in the third quarter of 2016. The top sectors seeking financing through the Bizfi marketplace include manufacturing, retail, business-to-consumer (B2C) services (i.e. daycare... Read Story
November 23, 2016, 06:08 AM


Bizfi announced an increase of 25 percent in year-over-year small business lending originations in the second quarter of 2016. This totals in excess of $144 million, compared to $116 million in Q2 2015. The company either directly originated... Read Story
August 17, 2016, 07:05 AM


The National Directory of Registered Tax Return Preparers & Professionals (PTIN) has selected fintech company Bizfi to provide its tax professionals, accountants, CPAs and their small business clients with access to funding through its aggregation... Read Story
July 21, 2016, 07:05 AM


Metropolitan Equity Partners (“Metropolitan”) announced it has invested $20M in Bizfi.This investment represents an increase from the $65M financing of the Company in December. This round of financing will enable Bizfi to: Expand its suite of... Read Story
June 30, 2016, 07:00 AM


Bizfi announced it originated more than $144 million in financing to 3,605 small businesses in the first quarter of 2016. This is a record in originations for any one quarter, resulting in a 49 percent year-over-year increase over the $96 million... Read Story
May 18, 2016, 07:14 AM


Bizfi announced it originated over $142 million in business financing in the fourth quarter of 2015 - a record for any one quarter since the founding of the company and launch of the platform.Bizfi and its proprietary marketplace and funding... Read Story
February 10, 2016, 07:00 AM


Global investment into the new FinTech or financial technology sector is booming in a big way. In 2014, the FinTech industry reached more than $12 billion in investment. Investors include major banks like Citi, Wells Fargo and Bank of America.... Read Story
October 08, 2015, 07:10 AM


Merchant Cash and Capital announced that MCC has transformed into Bizfi, an online lending and aggregation platform. Due to the success of Bizfi.com, launched earlier this year, Merchant Cash and Capital is completing its operational and brand... Read Story
September 16, 2015, 07:14 AM


BigRentz announced their partnership with Kabbage, to provide working capital within minutes through a simple online application. The partnership will now offer instant financing on equipment rentals to the million-plus visitors who visit the... Read Story
September 02, 2015, 07:11 AM