Announced
Synopsis
Kabbage, an online financial technology company based in Atlanta, agreed to acquire Radius Intelligence, a leading small-business data platform. Financial terms were not disclosed. “Data has always been our competitive advantage, and Radius strengthens it by adding millions of new and verified small business insights to our platform,” said Kabbage CEO Rob Frohwein. “These new technology and data-analysis capabilities further differentiate us from other SMB-focused FinTech companies as we dramatically expand our product set and service platform to address the unique cash flow needs of small businesses.”
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