Customers Bancorp in Pennsylvania has agreed to pay $58 million to settle a dispute over its loan partnership with Kabbage during the Paycheck Protection Program. The settlement, which still needs ...

An online bank — credited with awarding government-backed loans to the smallest businesses during the pandemic on Long Island and elsewhere — has agreed to pay up to $120 million to settle fraud ...

WASHINGTON (Reuters) - U.S. lawmakers have opened an investigation into financial technology companies Kabbage Inc and BlueVine and their partner banks for their roles in distributing billions of ...

Kabbage recently filed suit against Customers Bank alleging that the Pennsylvania-based bank owed Kabbage “tens of millions” in PPP fees that the bank and Kabbage had agreed to split. Customers Bank ...

Online lender Kabbage was one of the biggest lenders in the first year of the Paycheck Protection Program, processing more than $7 billion in loans. But for more than two years, the company has also ...

About 378 small business loans from the Paycheck Protection Program totaling $7 million were given to fake entities, the majority of which were posing as farms, according to a new report by ProPublica ...

The combination of American Express and its fintech subsidiary Kabbage is starting to bear fruit at an opportune time, as credit card companies increasingly expand their range of products to boost ...

The Paycheck Protection Program was one of the signature federal economic relief measures in the early days of the COVID-19 pandemic, providing small businesses loans of up to $10 million that were ...