Fresh from a $30m Funding Round, Kabbage Looks Beyond the US to Launch its Loans Platform for UK SMEs
Small-business funding platform Kabbage has been making small inroads in the US over the past couple of years, serving up $500-$40,000 loans to help ‘eBay entrepreneurs’ grow their business.
Indeed, the Atlanta, Georgia-based firm landed a cool $30m itself back in September, to help spread the good word and take its service global. And now, in a week that sees Finovate hit Europe – a 2-day London conference showcasing the future of financial and banking technology – Kabbage is unfurling its funding flag for UK firms, its first foray outside the US.
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