Washington, D.C., August 29th, 2019 – Kabbage has joined the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need financing to invest, grow and create new jobs. We are proud to have Kabbage join our network of more than 150 members who work to expand access to finance for small and medium businesses,” said Matthew Gamser, CEO of the Forum. Kabbage has pioneered a financial services data and technology platform to provide access to automated funding to small businesses in minutes. Kabbage leverages data generated through business activity to understand performance and deliver fast, flexible funding in real time. “We are looking forward to working with the Forum’s network of industry leaders, regulators, and other global policymakers in the areas of open banking and credit lift research,” said Sam Taussig, Head of Global Policy for Kabbage.
To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative. In 2015, the SME Finance Forum partnered with CapitalPlus Exchange to expand and upgrade the former Small Business Banking Network.
About Kabbage
Kabbage, Inc. has pioneered a financial services data and technology platform to provide access to automated funding to small businesses in minutes. The firm leverages data generated through business activity such as accounting data, online sales, shipping, and dozens of other sources to understand performance and deliver fast, flexible funding in real time. Kabbage powers small business solutions for big and small, traditional and non-traditional partners for credit, payments, and small business data insights products. Kabbage is backed by leading investors and is proudly headquartered in Atlanta, Georgia.
Media Contacts
Carina Carrasco
ccarrasco@worldbank.org
Paul Bernardini
pbernardini@kabbage.com
