ODX, LLC and Fundation announced today they will merge to become Linear Financial Technologies. Linear provides loan origination, account opening...
Kabbage’s latest product offering is available for Kabbage Payments customers; loans are available for as short as 3 days and...
The Fed took the unprecedented step of cutting rates to near zero to help ease the blow of Coronavirus and...
Leading fintech small business lender Kabbage has been a major force in getting PPP loans into the hands of small...
Like millions of other businesses here at LendIt Fintech we have been impacted dramatically by the coronavirus. We have had...
A new survey by invoice finance fintech MarketInvoice finds 67 percent of UK SMEs said they will run out of...
London-based Greensill Capital, backed by SoftBank, has made an acquisition in Latin America; in an all-stock deal Greensill, whose primary...
Bank of America becomes the first of the big four banks to allow applications for the Paycheck Protection Program (PPP);...
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
The most anticipated fintech IPO in the UK is finally going to happen. Yesterday, small business lender Funding Circle filed...