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May 5, 2014 02:00 pm GMT
Kabbage made waves last month when it closeda $270 million credit facilityto pass on to small businesses that use itsonline platform to borrow working capital and extend credit lines. This month, it’s the turn of Kabbage itself: the company has raised another $50 million in a Series D round of equity financing. Rob Frohwein, Kabbage’sCEO and co-founder, says the money will be… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3yZX4Pl2Twc/
Kabbage Grows: The Online Platform For Small Business Loans Raises Another $50M
Kabbage made waves last month when it closeda $270 million credit facilityto pass on to small businesses that use itsonline platform to borrow working capital and extend credit lines. This month, it’s the turn of Kabbage itself: the company has raised another $50 million in a Series D round of equity financing. Rob Frohwein, Kabbage’sCEO and co-founder, says the money will be… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/3yZX4Pl2Twc/
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