Amex wants to go all in on serving SMBs even as the pandemic crushes business owners. Here's why acquiring Kabbage is a key part of that strategy, according to an Amex exec

Amex wants to go all in on serving SMBs even as the pandemic crushes business owners. Here's why acquiring Kabbage is a key part of that strategy, according to an Amex exec

Business Insider

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· Amex has agreed to acquire Kabbage, the SoftBank-backed small-business lending fintech. 
· Amex is a leader in corporate cards, but is looking to build out its suite of products for businesses, which will now include Kabbage's cash-flow management offering.
· Kabbage and its peers have struggled through the coronavirus...

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