Wednesday, April 3, 2013

Kabbage Raises $75M In Debt To Fund Online Merchants On Amazon, eBay, And Etsy

kabbage1-1Kabbage, 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.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/R3W7xc4wqdg/

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