The US DOJ files a complaint and announces a civil enforcement action against fintech startup Dave and CEO Jason Wilk, replacing an FTC complaint from November
Press release: www.justice.gov/opa/pr/unite... [embedded post] Mastodon: Dare Obasanjo / @carnage4life@mas.to : There's no such thing as a free lunch. The DOJ has taken action against the fintech Da...
Analysis of 100+ PPP loan fraud cases shows that online lenders, including Kabbage and BlueVine, handled 75% of fraudulent loans but only 15% of all PPP loans
Michelle F Davis / Bloomberg : Tweets: @michellef_davis Tweets: Michelle F. Davis / @michellef_davis : NEW on PPP fraud: I read thru hundreds of pages of criminal filings & cross-referenced them w/ p...
Source: AmEx is in advanced talks to buy SoftBank-backed online lender Kabbage for as much as $850M in an all-cash deal as soon as this month
American Express Co. is in advanced talks to buy the online small-business lender Kabbage Inc., which is backed by investors including Japan's SoftBank Group Corp …
Sources: SoftBank-backed online lender Kabbage suspended credit lines to its small business clients in the past week without notice
- Small-business lender Kabbage said to slash credit lines to $0 — Online lender raised $250 million from SoftBank in 2017 Tweets: @jasonlk , @mayazi , @mdudas , and @sunchartist Tweets: @jasonlk :...
Small business loan platform Kabbage acquires Radius Intelligence, a marketing tech firm with a database of ~20M small and medium businesses in the US
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 …
Kabbage Grows: The Online Platform For Small Business Loans Raises Another $50M
Kabbage made waves last month when it closed a $270 million credit facility to pass on to small businesses that use its online platform to borrow working capital and extend credit lines.
Square Co-Founder And Others Put $17M In Online Merchant Lender Kabbage
Atlanta-based startup Kabbage, which provides working capital to online merchants, has raised $17 million in Series B funding led by Mohr Davidow Ventures with BlueRun Ventures, David Bonderman, found...