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What does AmEx gain from Kabbage?

Rick MorganbyRick Morgan
August 12, 2020
in Banking, Payments
Reading Time: 3 mins read
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It seems small business lending fintechs are becoming a hot acquisition target. Reports surfaced yesterday that American Express is looking to acquire SMB lender Kabbage for $850 million, just two weeks after Enova International announced it was acquiring OnDeck.  As the coronavirus pandemic continues to hobble SMB fintech lenders, other companies are looking to acquire […]

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Tags: Aite GroupAmerican ExpressCelentKabbagemergers and acquisitions (M&A)OnDeckPremium
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