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Kabbage Receives $250M Strategic Growth Investment From SoftBank
Investments // August 04, 2017

Kabbage Inc., a financial services, technology and data platform serving small businesses globally, has announced the agreement on a $250-million equity investment from a subsidiary of SoftBank Group Corp. . According to a press release, the investment is the largest equity raise in the online small...

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Banc of California to Sell $1.8 Billion Worth of Residential Loans

July 26, 2023
Banc of California is reportedly selling $1.8 billion worth of single-family residential home loans at a discount to JPMorgan Chase as part of an agreement to facilitate the former’s acquisition of PacWest Bancorp. In a presentation Tuesday, Banc of California said it had entered into a “contingent forward asset sale agreement” for its residential mortgage portfolio, but […]

Kabbage Receives $250M Strategic Growth Investment From SoftBank

August 04, 2017
Kabbage Inc., a financial services, technology and data platform serving small businesses globally, has announced the agreement on a $250-million equity investment from a subsidiary of SoftBank Group Corp. . According...