Top fintech stories this week – 12 March 2019
Teradata’s event coverage, Sopra Steria acquired SAB, and other news.
Kabbage
Kabbage pulls in $700 million in debt funding
It claims to be the largest asset-backed securitization by a small business online lending platform to date.
Kabbage powers Alibaba’s pay later payments programme
Alibaba’s SME customers can get up to $150,000 of financing.
Top fintech stories this week – 25 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Kabbage plans payment processing by year end
To help it compete with ever-rising fintech giants such as PayPal and Square.
SME lender Kabbage to acquire fellow lendtech Orchard
Small business lender Kabbage is rumoured to be acquiring lending platform Orchard Platform Markets.
Where top European banks are investing in fintech – CB Insights
European banks are investing in wealthtech, lendtech, paytech, regtech and blockchain.
Kabbage and Ingo Money to power faster loan payouts to SMEs
Online alternative lender Kabbage has teamed up with push payments innovator Ingo Money.
Kabbage expands line of credit
US alternative lending start-up now offering up to $250,000.
Kabbage expands small business funding with $200m credit facility
Alternative credit company Kabbage has a lot to be thankful for this week. The Atlanta-based start-up received a new $200 million revolving credit facility from Credit Suisse bringing its total debt funding to $750 million, reports Julie Muhn at Finovate (Banking Technology’s sister company). Kabbage emphasised that this credit facility diversifies its funding sources, which will help it […]
SME lender Kabbage collects $250m investment from Softbank
Online small business lender Kabbage has raised $250 million in funding from Japan’s SoftBank Group. The capital, which takes Kabbage’s total funding to more than $488 million, will be used to support new lending products for small businesses, as well as “exploring non-lending products and services” for its customers, the company says.
Where top European banks are investing in fintech – CB Insights
European banks are placing strategic bets in areas ranging from wealth management, lending, payments, regulatory technology, software, and blockchain. Which banks were the most active and what did they invest in?
Top fintech stories this week – 8 April
Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Money 20/20 Europe: Biometric identity, SMEs and final day’s sessions round-up Key highlights, what went well and what could be improved. Money 20/20 Europe: KYC/ID, commerce disruption and femtech round-up Valid points raised, key issues discussed. A must […]
Santander and Kabbage team for SME funding innovation
Santander and Kabbage are piloting an online tool to give UK small and medium sized enterprises (SMEs) access to same day funding. Announced today (4 April) at Money 20/20 in Copenhagen, SMEs can get access to new working capital of between £500 and £100,000 via an online process. At a media briefing, Sigga Sigurdardottir, chief […]
