Kabbage is a financial services data and technology platform that provides fully automated funding to small businesses in minutes. Kabbage leverages data generated through business activity such as accounting data, online sales, shipping and dozens of other sources to understand performance and deliver fast, flexible funding in real time. Through its Karrot brand, Kabbage offers simple consumer loans through its automated platform.On August 17th, 2020, Kabbage was acquired by American Express. The terms of the transaction were not disclosed.