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Facing numerous federal investigations into its PPP lending practices, Kabbage or, to be more accurate, the shell of what was once Kabbage, filed for bankruptcy this week. Kabbage was acquired by ...
WASHINGTON (Reuters) -The U.S. Department of Justice is investigating whether financial technology companies including Atlanta-based Kabbage Inc may have erred while distributing billions of ...
Kabbage publicly launched and began providing loans in May 2011. [4] In 2012, it opened its San Francisco office and subsequently raised US$30 million in Series C financing. [ 5 ] [ 6 ] Beginning in February 2013, the company expanded internationally, entering the United Kingdom [ 7 ] and raising further debt financing . [ 8 ]
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A petition mill is a fraud in which the perpetrator poses as a financial advisor, sometimes as a credit counselor or paralegal, filing hastily prepared bankruptcy documents in the name of victims who come to the advisor as clients. The bankruptcy filing is often both incomplete and inappropriate for the victim's condition; and, often, the ...
Kathryn Petralia is an American entrepreneur, and the co-founder and COO of Kabbage. [1] In November 2017, she was assessed by Forbes as being the 98th most powerful woman in the world. [2] In December 2017, she was listed in a TechCrunch feature on 42 women succeeding in tech that year. [3]
A South Florida man facing prison for his role in stealing millions from a federal COVID-19 loan program not only faces a prison term but also another consequence of his crime — loss of his ...
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