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Facing federal PPP fraud investigations, online lender Kabbage files for bankruptcy
Miami Herald via AOL· 2 years agoOnline lender Kabbage was one of the biggest lenders in the first year of the Paycheck Protection...
Fintechs are under scrutiny over fraudulent PPP loans and small businesses could suffer. Here are...
Business Insider via Yahoo Finance· 1 year agoRep. Jim Clyburn of South Carolina is the chair of the House Select Subcommittee on the Coronavirus...
PPP program was awash in fraud. Now, one lender may finally face a legal reckoning
Miami Herald via AOL· 2 years agoThe Paycheck Protection Program was one of the signature federal economic relief measures in the...
House panel: Ariz. company co-founded by newscaster made millions on fraudulent PPP loans
AZCentral | The Arizona Republic via Yahoo News· 1 year agoA congressional panel is recommending several tech and lending companies be investigated for fraud...
Your turn: New challenges emerge for small businesses
Deming Headlight via Yahoo News· 2 years agoKabbage, an online financial technology company in Atlanta, has been tracking recovery trends and...
Keep Financial raises $9M led by a16z to help employers offer forgivable loans as a retention tool
TechCrunch· 2 years agoKeep Financial is building a platform to help employers provide retention bonuses in the form of...
American Express launches products for small businesses
Associated Press via Yahoo Finance· 1 year agoAmerican Express is launching a suite of financial service products for small businesses as it aims...
U.S. lawmakers say some fintechs failed to prevent 'obvious' pandemic fraud
Reuters via Yahoo Finance· 1 year ago(Reuters) -Several fintech companies that facilitated high volumes of pandemic-related loans to...
Fintech Companies Facilitated Massive Covid Aid Fraud: Report
The Fiscal Times via Yahoo Finance· 1 year agoThe Paycheck Protection Program, the pandemic aid effort that provided nearly $800 billion in...
Executives at 'fintechs' made hundreds of millions handing out PPP Covid cash, report says
NBC News via Yahoo News· 1 year agoExecs at one 'fintech' firm raked in $120 million in fees from handing out billions in PPP Covid...
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