Kabbage Secures $200M To Fuel Its AI-based Loans Platform For Small Businesses

Digital lender Kabbage, which offers small businesses lines of credit up to $250000, has secured a four-year revolving credit facility to fuel further growth. ... and startups though its AI-powered digital loan assessment process, which ... Atlanta-based Kabbage has raised $500 million in equity funding to date.

Kabbage, the AI-based small business loans platform backed by SoftBank and others, is adding more firepower to its lending machine: the .... Kabbage raised $200000000 on 2019-07-02 in Debt Financing. ... Logo of Kabbage ... secures $200M to fuel its AI-based loans platform for small businesses .... Automated lending platform offers lines of credit for small businesses--at a stiff price. ... Kabbage secures $200M to fuel its AI-based loans platform for small .... “Kabbage, which loans up to $250,000 in a single deal to small and medium businesses, has built a platform that harnesses the long tail of big ...

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REPACK Kabbage Secures $200M To Fuel Its AI-based Loans Platform For Small Businesses