Kabbage is venture funded and backed by Thomvest Ventures, Mohr Davidow Ventures, and BlueRun Ventures, and is debt funded by Victory Park Capital, with additional investors including: David Bonderman, founder of TPG Capital, Warren Stephens, CEO of Stephens Inc., the UPS Strategic Enterprise Fund, TriplePoint Ventures, and Jim McKelvey, co-founder of Square.
•
In February 2013, Fast Company named Kabbage one of the Top 10 Most Innovative Companies in Finance, along with platforms like PayPal and Square.
Mother Jones published an article in September 2013 which discusses a concern that credit companies who use social media like Lenddo, LendUp, Moven, Neo, Kabbage, and Kreditech may "be discriminating against applicants who essentially appear socially undesirable."
Kabbage |