Rising rates and inflation have caused employee financial stress to skyrocket. The partnership could ease some of the strain.
The president of the Federal Reserve Bank of Minneapolis doubled down on his call for stiffer capital requirements and said master account access decisions should stay with the regional Fed banks.
The new capital will provide support as the company aims to grow 10 times over the next 12 months and add new features to enhance the financial inclusion and literacy of customers.
Kathryn Petralia, co-founder and head of operations of Kabbage talks about their SoftBank deal, tech partnerships, culture and more. Source
The report shares the highlights of securitization in the space which totaled $7.8 billion in 2017, up from $4.6 billion in 2016; SoFi was the leader in both volume and total number of ABS deals; report includes KBRA’s outlook for 2018, loan origination and ABS issuance by platform, performance and rating trends and more. Source
Keep Financial raises $9M led by a16z to help employers offer forgivable loans as a retention tool –
Employee churn is one of the biggest challenges facing organizations working in competitive environments. Today a startup is launching with a new product to add to the artillery of tools that HR people are using to combat that.
With Kabbage, Kathryn Petralia upended small business lending. She wants Keep Financial to do the same for compensation and employee engagement.
Ken Lin started Credit Karma back in 2007; since then the company has attracted 100 million members and brought in...
Community banks have found it increasingly hard to fight the growing fraud problem as they are unable to build their...
The Central Bank of Kenya (CBK) announced the complete interoperability of mobile money payment services in Kenya.