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Announcing the New Kabbage and Mastercard Partnership

kabbage and mastercard partnership

We’re thrilled to announce our partnership with one of the world’s leading global payments companies – MasterCard. Our goal with this partnership is to allow even more small-to medium-sized businesses access to a small business loans through MasterCard’s network of acquirers. This new partnership means that MasterCard will provide its small business partners access to working capital through their acquirer network and will deliver a simplified loan alternative for small businesses owners who want to grow their business.

“MasterCard is committed to delivering the tools and solutions necessary for small businesses to thrive here in the U.S.,” said Les Matthews, group head, Emerging Merchants, MasterCard. “Kabbage and MasterCard share a common vision in that advances in payment technology and access to funding are critical in supporting the small business segment and fueling their growth.”

To enable this, we’ve given MasterCard’s network of acquirers the ability to access to our financial services data and technology platform, which provides fully automated working capital to small business in minutes. You can read more about how the Kabbage platform is automated and approves businesses for loans using real-life data from accounts like business checking, Amazon, Intuit Quickbooks, Sage and more on our How It Works page.

“We are honored that MasterCard, a global leader in payments and commerce, selected Kabbage as its partner to bring our breakthrough funding platform to its acquiring customers,” said our Co-Founder and CEO, Rob Frohwein. “This partnership speaks to the power and scalability of our technology, and the rapid pace at which Kabbage funding is becoming the preferred option for businesses to get the capital they need to grow.”

You can download our official press release about the partnership here: MasterCard Expands Services for Small Business Segment with Kabbage Partnership.

If you have questions about this partnership, you can reach out to us on Twitter @KabbageInc and @MasterCardNews, or join in the discussion in the comments below or on the Cashless Pioneers Blog.

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Kabbage Team

Kabbage is here not only to provide access to the small business funding you need, but to also help you grow your business through free marketing tips, webinars, tools and more. Is there something you'd like us to cover or want to get your small business featured on our blog? Send us a note at content@kabbage.com.