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Alibaba taps Kabbage to loan up to $150K to SMBs after it quietly acquired OpenSky to ramp in North America

TechCrunch Monday, 14 January 2019 ()
Alibaba taps Kabbage to loan up to $150K to SMBs after it quietly acquired OpenSky to ramp in North AmericaAlibaba’s long-term ambition to grow its business in the US is taking another step forward. To increase sales to US small businesses, the company has partnered with Kabbage, the Softbank-backed unicorn that provides loans to SMBs using big data and machine learning to determine eligibility faster than a traditional bank lender, to provide up to $150,000 […]
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