SMB loans platform Kabbage to furlough a ‘significant’ number of staff, close office in Bangalore

19:33 30.03.2020
Another tech unicorn is feeling the pinch of doing business during the coronavirus pandemic. Today, Kabbage, the Softbank-backed lending startup that uses machine learning to provide speedy and more accurate evaluations of loan applications for small and medium businesses, is furloughing a “significant number” of its US team of 500 employees, according to a memo […]...
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