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RT @TechCrunch: Kabbage Raises $75M In Debt To Fund Online Merchants On Amazon, eBay, And Etsy http://t.co/bicCFLufXC by @leenarao
April 03, 2013
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Kabbage Raises $75M In Debt To Fund Online Merchants On Amazon, eBay, And Etsy
Kabbage, which provides working capital to online merchants, is announcing $75 million in debit financing led by Victory Park Capital (VPC) with existing equity investor Thomvest Ventures participating. We're told the debt facility will go towards funding advances for the company customer base.