Online lender Kabbage to launch payment services by year-end
May 21, 2018 at 17:47 PM EDT
NEW YORK, May 21 (Reuters) - Kabbage Inc, a U.S. online lender for small businesses, plans to launch payment processing services by year-end, President Kathryn Petralia said on Monday, helping it to diversify and compete more directly with industry leaders PayPal Holdings Inc and Square Inc.