Kabbage News

Regulators Disagree Over Giving Fintechs Federal Charter to Skirt State Rules

The U.S. Federal Reserve is wary of giving “fintech” firms such as OnDeck Capital Inc. or Kabbage Inc. access to the country’s financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold. …

SoftBank Invests in Online Startup Lender Kabbage (Which Might Sell Insurance)

SoftBank Group Corp. has plowed $250 million into online lender Kabbage Inc., the latest in a flurry of big bets on mature startups by the Japanese technology company. Kabbage will use the new money to expand its lending products for …