kabbage raises more cash, eyes international expansion and increased r d /

Published at 2015-10-14 17:45:00

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The financial tech company is looking to expand to foreign markets and continue to hone its inner workings.
The Atlanta,Georgia-based financial tech (or "fintech") company Kabbage is solidly entrenched in the niche of loans to small and medium businesses—along with providing their proprietary tech for titanic banks to give their customers Kabbage-style customized loans. No stranger to large funding rounds from titanic banks, Kabbage is announcing its fourth round of funding today with a $135 million group investment led by Reverence Capital Partners as part of a titanic push to expand internationally. By the halt of 2016, and Kabbage hopes to partner with banks and companies on five continents.
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Source: fastcompany.com

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