Here are a few of the most interesting Kabbage statistics and facts I was able to dig up including user counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Kabbage Facts
- Website: Official Website
- Year Founded: 2008
- Headquarters: Atlanta, GA
- Founder(s): Rob Frohwein; Kathryn Petralia; Marc Gorlin
- Parent Company: American Express
- App Download (iOS)
- App Download (Android)
What is Kabbage?
Kabbage, an American Express company, has innovated a data and technology platform to provide small businesses automated cash flow solutions, including business checking accounts, online payments, business insights and its online lending platform which allows small businesses to quickly access ongoing lines of credit up to $250,000. Kabbage uses real-time data and automation to provide an integrated suite of financial tools empowering small businesses to spend less time on their books and more time on building thriving businesses. To date, Kabbage has provided more than 500,000 small businesses access to over $16 billion of working capital. (source)
Additional Kabbage Statistics
How much has Kabbage lent to businesses (all time):
Last updated 7/2/19
How much has Kabbage lent to businesses (quarterly):
- Q1 2019: $600 million
- Q2 2019: $700 million
Total amount of funding Kabbage has raised:
Last updated 8/3/17
Kabbage reported value:
Last updated 2016