Kabbage Ranked 36th Fastest-Growing Company on Inc. 500 List
Financial Technology Leader Growing 6,700 percent
Kabbage Inc., the leading technology and data platform powering automated small business lending, was ranked among the top 50 fastest-growing companies on the prestigious Inc. 500 list. A first-3me honoree, Kabbage was recognized for its rapid growth trajectory and continued innovation in the financial services industry.
Kabbage has tripled its loan volume year over year, with a three-year growth rate of more than 6,700 percent. The company also announced that it has extended $1 billion in capital to small businesses over just four years since making its first loan, faster than any company in small business finance.
“From the day we started Kabbage, our growth has been fueled by our investment in the industry’s only fully automated technology and data platform, which provides a dramatically better customer experience,” said Rob Frohwein, Kabbage co-founder and CEO. “Today’s honor is a testament to the impact this technology has had on small businesses and its potential to completely transform how financial services are delivered to millions of customers everywhere.”
Inc.’s annual list highlights the fastest-growing private companies in America based on growth and revenue. Kabbage joins an elite group of high-growth industry leaders featured in the 2015 list, including Box and Fitbit.