Kabbage Statistics and User Count for 2024

Last Updated on: January 11th, 2024



Here are a few of the most interesting Kabbage statistics and facts I was able to dig up including restaurant count, revenue totals and employee 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

Here is pretty much everything you ever wanted to know about Kabbage.


kabbage statistics user count facts 2022Kabbage, now a part of American Express, is a financial technology (fintech) company that specializes in providing small businesses with access to working capital and financial services. Founded in 2009 and headquartered in Atlanta, Georgia, Kabbage has been at the forefront of revolutionizing small business lending through its online platform.
Kabbage’s primary offering is its line of credit product, which allows small businesses to secure flexible funding quickly. The company uses advanced algorithms and data analytics to assess the creditworthiness of businesses in real-time, often relying on various data points, including financial transactions and online sales data, to make lending decisions. This data-driven approach has made it easier for small businesses to access the capital they need for growth and operations.One of Kabbage’s distinguishing features is its user-friendly digital platform, which enables small business owners to apply for and manage their lines of credit online, often with a fast approval process. In 2020, Kabbage was acquired by American Express, allowing the financial services giant to expand its offerings to small businesses and enhance its digital lending capabilities.

Kabbage Statistics

Kabbage User Count

Number of businesses Kabbage has funded:

500,000 businesses (2021)


Kabbage Revenue Totals

Nothing to report just yet. Please check back soon for updates.


Additional Statistics

How much has Kabbage lent to businesses (all time):

$7 billion (2019)


Total amount of funding Kabbage has raised:$500 million (2017)


Kabbage reported value:$1 billion (2016)


Please note that some of these numbers are easier to find than others. A few of these statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.


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Categories
Business Statistics, Financial Statistics, Fintech Statistics

About Craig Smith

DMR Publisher. Director of Marketing by day and I run this little site at night. Other interests include Disney, Sports, 80's Nostalgia, LEGO, Star Wars and Tech Gadgets. Other sites include DisneyNews.us and VideoGamesStats.com.