Kabbage is an online lender in the small business space; today they announced they would not fund “any business that we identify as a seller of firearms or ammunition to individuals under 21 or that sell or manufacture any form of assualt-style weapon.”; according to a written statement signed by the executives, “As parents and leaders of Kabbage we simply cannot imagine the grief of families who too often have been stricken by gun violence like the tragedy in Parkland, Florida. The technology community must work to prevent these horrifying and heartbreaking events from robbing our children of their future.”; Kabbage is also supporting the Parkland survivors’ March 14 walkout and also announced charitable contributions. Source
Kabbage will add payment processing capabilities by the end of the year according to President Kathryn Petralia; it will set...
Karen Mills believes small business customers are not being served well by lenders and so she has decided to join Eastern...
Credijusto, a leading Mexican small business fintech paid $50 million to buy Banco Finterra in June. Co-CEO David Poritz wrapped day one of the LendIt LatAm keynote section, discussing what it was like as the only neobank holding a banking license in Mexico.
The CEO of the U.S. Network of Accion gives us the CDFI perspective on small business lending in underserved communities. Source
Kabbage shared today that over 110,000 small businesses have been approved through their platform totaling $3.5 billion; Kabbage is an...
Crowdfund Insider sat down with Karen Mills at LendIt Europe 2017; Mills is a Senior Fellow at the Harvard Business School and was previously head of the US Small Business Administration; she believes we are between two phases in the market: the banks waking up and the platforms arriving, including Alibaba, Amazon, Square etc. Source
Mexican small businesses are being hit by the pandemic just as much as other markets and they are in desperate...
A new report by economic research firm NDP Analytics sponsored by the Electronic Transactions Association, the Innovative Lending Platform Association...
The Co-Founder and Managing Partner of Community Investment Management talks impact investing and the role it can play during the...