American Express acquiring small business lender Kabbage – CNBC
As small businesses continue to feel the pressure from Covid-19-related restrictions, American Express announced Monday that it has agreed to acquire small business lender Kabbage, ranked No. 24 on this year’s CNBC Disruptor 50 list.
Kabbage, headquartered in Atlanta, is a data and technology company providing small businesses with a suite of financial products including Kabbage Payments, which helps small businesses get paid and access the money they earn faster. Kabbage Funding provides acces…
