Congress opens investigation into BlueVine and Kabbage after reports of PPP fraud
Business Insider via Yahoo News· 1 year agoCongress is investigating fraudulent loans facilitated by fintech lenders BlueVine and Kabbage....
'Deely Nuts,' 'Beefy King,' and other fake businesses reportedly got $7 million in COVID-19 PPP...
Business Insider via Yahoo News· 1 year agoFake businesses received a collective $7 million in federal COVID-19 relief loans last year through...
U.S. Justice Department probing Kabbage, fintechs over PPP loan calculations -sources
Reuters via Yahoo Finance· 1 year agoWASHINGTON (Reuters) -The U.S. Department of Justice is investigating whether financial technology...
AmEx (AXP) New Kabbage Funding to Nurture Small Businesses
Zacks via Yahoo Finance· 7 months agoAmerican Express Company AXP recently announced that its fintech subsidiary Kabbage has launched ...
Digital Lending Platforms Are Projected To More Than Quadruple In The Next 5 Years
Benzinga via Yahoo Finance· 2 years agoAs digital lending continues to rise, one can only be left to wonder how it got this way? Living in...
American Express To Acquire Online Lender Kabbage
SmarterAnalyst via Yahoo Finance· 2 years agoAmerican Express announced plans to acquire financial technology company Kabbage. Financial terms of the deal were not disclosed. However, Bloomberg...
AmEx in Advanced Talks to Buy SoftBank-Backed Kabbage
Bloomberg via Yahoo Finance· 2 years agoThe credit-card giant is in advanced talks to buy Kabbage Inc., a person familiar with the matter...
Online financial companies' processes facilitated fraud in PPP loans, Texas university study finds
USA TODAY via Yahoo News· 11 months agoThe McCombs School of Business at the University of Texas, Austin released a report Tuesday...
Fintech Focus For August 12, 2020
Benzinga via Yahoo Finance· 2 years ago...Cathie WoodFintech Movers: American Express Company is in talks with Kabbage, an online fintech lender backed by Softbank, over an $850 million...
Lending Becomes Credible Fintech Catalyst
ETF Trends via Yahoo Finance· 2 years ago“Although traditional banks and credit suppliers still hold the largest market share for consumer and business loans, recent years have witnessed...