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Member News: American Express to acquire Kabbage

Member News: American Express to acquire Kabbage

American Express today announced that it has entered into an agreement to acquire substantially all of Kabbage , a leading financial technology company providing cash flow management solutions to small businesses in the U.S. The transaction represents an important step toward American Express’ goal of being an essential partner to small businesses through a broad range of payment, cash flow and financial management tools.

 
 
For us at the SME Finance Forum, it is fantastic news that two of our members are teaming up. We wish them success in this new endeavour.

 

 

 

Read more:

 

https://newsroom.kabbage.com/news/kabbage-to-join-american-express/

https://about.americanexpress.com/all-news/news-details/2020/American-Express-to-Acquire-Kabbage/default.aspx