Mentioned Companies:

Amex Buys Kabbage, Deepens Connections to Small Businesses

American Express has signed a definitive agreement to purchase most of the assets of Kabbage, operator of a cash flow technology platform that supports small businesses (SMBs) in the U.S. Terms were not announced. Kabbage is best known for its fully automated lending platform. It has also provided its technology and data platform to alternative lenders in other countries. In the U.S., Kabbage customers received $2.90 billion in loans last year and a total of $16 billion over the last decade. However, in April of this year, Covid-19 effectively closed down millions of small businesses. Lack ...

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August 2020
Headlines in this Issue
Charts in this Issue

Top 7 Acquirers in Latin America—2019 vs. 2018

10 Largest General Purchase Acquirers in Latin America

45 Largest Visa/Mastercard Merchant Acquirers in Latin America

U.S. General Purpose Cards—January 1-June 30, 2020

Market Shares of Purchase Transactions

U.S. Credit and Debit Cards at Midyear 2020 vs. 2019

U.S. Store Credit Cards—2019 with Change vs. 2018

Investments and Acquisitions—July 2020