Loan Platform Kabbage Raises $135M At A $1B Valuation, Grows Credit Line to $900M

 Kabbage — the online platform that loans money to businesses and individuals using a wide set of online data and algorithms to measure credit-worthiness — is growing once more. The startup based out of Atlanta has raised a Series E of $135 million, and expanded its credit facility — the money it has on hand to fulfil loans — to $900 million. Kabbage is not… Read More

from TechCrunch » Europe