Kabbage Raises 135M in Series E Funding

Kabbage Inc., the leading technology and data platform powering automated lending, has recently received $135 million in the series E funding round from Reverence Capital Partners as well as ING, Santander InnoVentures and Scotiabank. This brings the total amount raised to over $240 million.

At the same time, Kabbage has also tripled its credit facility to more than $900 million to fuel the expansion of its direct lending business. Investors in the expanded facility include insurance companies, hedge funds, p ...

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