Kabbage Closes $200 Million
November 17, 2017
1:59 pm
Credit: kabbage.com
Financial technology company Kabbage completed $200 million in financing from Credit Suisse.
Kabbage is an automated technology and data platform that provides direct access to funding for small businesses and powers lending for large global banks. The company currently operates in North America and Europe, with plans to expand to Asia.
Kabbage revealed that proceeds will be used to expand the company’s AI-based business loan portfolio.
