kabbage

  • UPS Partners With And Backs Online Merchant Lender Kabbage; Will Provide Data For Underwriting

    UPS Partners With And Backs Online Merchant Lender Kabbage; Will Provide Data For Underwriting

    Kabbage, which provides working capital to online merchants, is announcing a big deal today. The Atlanta-based startup is debuting a partnership with shipping giant UPS where for the first time ever, they will allow and facilitate customers offering their shipping and transportation data to Kabbage for use in the capital underwriting process. Kabbage is essentially a way for online merchants… Read More

  • Online Merchant Lender Kabbage Raises Another $12 Million

    Online Merchant Lender Kabbage Raises Another $12 Million

    Atlanta-based startup Kabbage, which provides working capital to online merchants, has closed $12 million in debt financing from Western Technology Investment. In August, Kabbage raised $17 million from BlueRun Ventures, David Bonderman, founder of TPG Capital; Warren Stephens, CEO of Stephens; the UPS Strategic Enterprise Fund, Jim McKelvey, co-founder of Square; and others. Kabbage, which… Read More

  • Square Co-Founder And Others Put $17M In Online Merchant Lender Kabbage

    Square Co-Founder And Others Put $17M In Online Merchant Lender Kabbage

    Atlanta-based startup Kabbage, which provides working capital to online merchants, has raised $17 million in Series B funding led by Mohr Davidow Ventures with BlueRun Ventures, David Bonderman, founder of TPG Capital; Warren Stephens, CEO of Stephens; the UPS Strategic Enterprise Fund, Jim McKelvey, co-founder of Square; and others participating in the round. This brings Kabbage’s… Read More

  • Kabbage Raises $6.7M To Give Online Merchants Working Capital To Grow Their Businesses

    Atlanta-based startup Kabbage has raised $6.65 million in new funding led by BlueRun Ventures with David Bonderman, founder of TPG Capital; Warren Stephens, CEO of Stephens Inc.; and the UPS Strategic Enterprise Fund participating in the round. Kabbage is essentially a way for online merchants and sellers on marketplaces like eBay to get capital they otherwise wouldn’t qualify for at a bank. Read More

  • Kabbage Gives eBay Sellers Working Capital Through PayPal To Grow Their Businesses

    Many sellers on sites like eBay, Etsy, and Amazon have created profitable small businesses out of opening up online storefronts on these e-commerce platforms. But these storefronts aren’t conventionally considered small businesses by the financial community and it can be difficult for them to raise working capital from banks. Kabbage is entering the space as a way for online merchants… Read More