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 ...

The bankrupt Atlanta financial technology firm Kabbage will pay the federal government as much as $120 million to settle allegations that the lender enabled fraudsters preying on a pandemic-era ...

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 ...

The online lender Kabbage disclosed in the Florida case that it is under investigation by U.S. attorneys in Massachusetts and the Eastern District of Texas for its PPP lending practices. Those ...

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Kabbage sued West Reading-based ...

Amid the debate about whether fintechs should have a larger role in government-backed small-business lending programs, a new report claims fintechs processed billions in fraudulent PPP loans. Several ...