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Small businesses slammed by coronavirus can raise quick cash from loyal customers in fintech initiative

Small businesses feeling a cash squeeze amid shelter-in-place orders can turn to their loyal customers for financial help in a new fintech initiative. Small business lender Kabbage, working with San Francisco fintech Finix Payments, is offering a special website for small business owners to sell gift certificates now for customers to use later “The impact of COVID-19 on small businesses requires the support of a nation,” said Kabbage CEO Rob Frohwein. Read More...

Small businesses slammed by coronavirus can raise quick cash from loyal customers in fintech initiative

Small businesses feeling a cash squeeze amid shelter-in-place orders can turn to their loyal customers for financial help in a new fintech initiative. Small business lender Kabbage, working with San Francisco fintech Finix Payments, is offering a special website for small business owners to sell gift certificates now for customers to use later “The impact of COVID-19 on small businesses requires the support of a nation,” said Kabbage CEO Rob Frohwein.

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