Tagged: rob frohwein

August 18, 2020 @ 8:49 am By JD Alois  |  

Kabbage, one of the best known online lenders in the US, has signed an agreement to be acquired by American Express (NYSE:AXP). Rumblings of a potential deal between the two parties have been circulating for some time now. In a public statement, American Express said… Read More

March 30, 2020 @ 12:55 pm By JD Alois  |  

Kabbage, an online lender focusing on SMEs, is apparently temporarily laying off employees in light of the COVID-19 pandemic. Additionally, a support center in Bangalore is said to be shuttering and executives are taking pay cuts as the Fintech struggles to adapt in a landscape… Read More

March 18, 2020 @ 9:00 am By JD Alois  |  

Online lender Kabbage has launched a new website “www.helpsmallbusiness.com” designed to support SMEs during the Coronavirus crisis. According to a release distributed by the Fintech, the initiative is a “call to action” that enables anyone to purchase an online gift certificate from participating small businesses… Read More

October 25, 2019 @ 7:38 am By JD Alois  |  

When you make a payment today using your online bank account it can take days to process. This makes absolutely no sense at all. This is a disservice to users and only benefits big banks as they gain by holding the money as long as… Read More

October 25, 2018 @ 9:08 am By Erin Hobey  |  

Kabbage, Inc., a global financial services, technology and data platform serving SMEs, is now extending access to more than $10 million per day to small businesses via its automated lending platform. The milestone is underscored by the addition of nearly 30,000 new customers in 2018,… Read More

June 28, 2018 @ 8:00 am By Erin Hobey  |  

Kabbage, Inc., a global financial services, tech and data platform serving small businesses, reports its 145,000-plus small business customers accessed over 300,000 loans during non-banking hours, reaching a record total of more than $1 billion in funding. In total, Kabbage has now provided access to… Read More

April 26, 2018 @ 11:54 am By Erin Hobey  |  

Kabbage, Inc., a global financial services, technology and data platform serving small businesses, has entered into a definitive agreement to acquire substantially all of the assets of Orchard, a pioneer in developing technology and analytics for online lending and financial services. The acquisition will allow… Read More

April 13, 2018 @ 5:27 pm By JD Alois  |  

Orchard Platform is being sold. This is according to a report in Bloomberg that cites individuals aware of the details regarding the pending transaction. Orchard is currently partnering with Bloomberg on online lending data. Kabbage is a leading online lender that has targeted the SME… Read More

March 6, 2018 @ 4:18 pm By Erin Hobey  |  

The World Economic Forum announced the creation of a new consortium to strengthen cybersecurity for fintech companies and data aggregators. The consortium’s founding members include global bank Citigroup, insurance company Zurich Insurance Group, fintech lender Kabbage, infotech company Hewlett Packard Enterprise (HPE), and financial infrastructure… Read More

February 5, 2018 @ 1:58 pm By Therese Torris  |  

The Paris Fintech Forum 2018 (#PFF18) was a huge event, here are a few highlights from the sessions moderated by Crowdfund Insider & friends. The conference gathered more than 2,500 delegates from more than 50 countries from the five continents at the old French stock… Read More

October 24, 2017 @ 10:27 am By Erin Hobey  |  

  Kabbage Inc., a global financial services, tech and data platform serving small businesses, and ING, a leading global bank, are expanding their strategic partnership into France and Italy to provide small businesses with real-time access to working capital. Building on ING’s successful launch in… Read More

October 10, 2017 @ 9:01 am By Samantha Hurst  |  

On Tuesday, education platform CFTE announced it is launching a new online fintech foundation course called Around Fintech in 8 House. According to the platform, the course has been notably designed to give professionals that are working in the finance industry a solid understanding of… Read More

August 3, 2017 @ 10:28 am By JD Alois  |  

Kabbage is out with some big news. SoftBank has committed $250 million in an equity investment into the online lender. This is a significant statement on the belief that Kabbage is on the right trajectory when it comes to the competitive online lending market. SoftBank… Read More

April 11, 2017 @ 8:30 pm By Erin Hobey  |  

  “Fintech, online lending, AI and privacy are complicated issues, so we’ve created innovative solutions and approaches that D.C. embraces once they understand them. Our message to Washington is: call us! We have someone to translate tech speak and “bureaucratese” for all of Washington’s questions.”… Read More

March 10, 2017 @ 12:17 pm By JD Alois  |  

LendItUSA, the annual event that jumps between New York City and San Francisco everu 12 months, opened up to larger audiences and an industry sector that endured a challenging year. The online lending sector received a two-punch assault in 2016; a battle that left the… Read More

January 20, 2017 @ 11:56 am By Samantha Hurst  |  

 A group of fintech companies announced on Thursday they have come together to create the Consumer Financial Data Rights (CFDR) group. This organization will notably defend consumers’ access to their data and fuels innovation in the fintech industry. Founders of the CFDR group includes leaders from Affirm, Betterment,… Read More

August 23, 2016 @ 4:00 pm By Erin Hobey  |  

Before founding Kabbage, Rob Frohwein established, led and advised a number of successful businesses, including LAVA Group, U.S. Micro Corporation and Surgical Biologics. Additionally, he served in business development and legal capacities for ZapMedia and Security First Network Bank. The Villanova law and undergrad alum… Read More

October 21, 2015 @ 12:00 pm By Erin Hobey  |  

  True to its name, Kabbage is growing and growing, partnering now with ING. Last week, Kabbage announced a $135 million equity raise led by Reverence Capital Partners as well as ING, Santander InnoVentures, and Scotiabank. Kabbage Inc., a leading technology and data platform powering automated lending, and ING, a leading… Read More

October 15, 2015 @ 11:19 am By Erin Hobey  |  

Money may not grow on trees, but seems to grow well on a certain Atlanta Kabbage patch.  The trailblazing tech and data platform announced a $135 million equity raise led by Reverence Capital Partners as well as ING, Santander InnoVentures, and Scotiabank. Additional new investors include China’s… Read More