Kabbage raising $150M – FinTech Alternative Lender

Kabbage is is among a growing coterie of technology-powered alternative lenders fueling the wave of entrepreneurship.
Kabbage uses automation and analytics to provide short-term working capital to small and mid-sized businesses, who are often turned away by financial institutions who are either risk-averse or unable to profitably write five-figure loans.
 
“There is a dearth of technology in small business ,” Kabbage co-founder Kathryn Petralia