Abs news and trends

Kabbage Raises $700M For SMB Lending
Investments // April 08, 2019

Kabbage, the global financial services company for small businesses, announced Monday (April 8) it has closed the largest asset-backed securitization (ABS) by a small business online lending platform to date for $700 million. Get the Full Story Complete the form to unlock this article and enjoy...

Auto Asset-Backed Securities Surge; Could Create Trouble In 2018
Investments // January 02, 2018

Auto asset-backed securities (ABS) hit a post-financial crisis high this year in the U.S., which could set up some trouble in the new year if the Federal Reserve raises interest rates and consumers struggle to pay back their auto loans. Get the Full Story Complete the...

Canadian Banks Selling Credit Card ABS In US
Banking // December 08, 2016

Canadian banks are increasingly turning to the U.S. market, issuing $6.8 billion asset-backed securities during 2016 alone, based on data compiled by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Slow And Steady For Credit Card ABS Payments, Says Fitch
Payment Methods // August 12, 2016

Some sanguine news comes from Fitch Ratings regarding the state of the U.S. credit arena, as evidenced by card usage and payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Quick Reads
FinTech Pagaya Notches $102M In Funding Round

June 17, 2020
Pagaya, a U.S. and Israeli FinTech collaboration, announced a Series D funding round in which it raised $102 million, according to a press release, bringing the company’s issuances to over $1 billion in the past year and a half, the Pagaya said on its website. Get the Full Story Complete the form to unlock this […]

Kabbage Raises $700M For SMB Lending

April 08, 2019
Kabbage, the global financial services company for small businesses, announced Monday (April 8) it has closed the largest asset-backed securitization (ABS) by a small business online lending platform to date for...

Auto Asset-Backed Securities Surge; Could Create Trouble In 2018

January 02, 2018
Auto asset-backed securities (ABS) hit a post-financial crisis high this year in the U.S., which could set up some trouble in the new year if the Federal Reserve raises interest...

Canadian Banks Selling Credit Card ABS In US

December 08, 2016
Canadian banks are increasingly turning to the U.S. market, issuing $6.8 billion asset-backed securities during 2016 alone, based on data compiled by Bloomberg. Get the Full Story Complete the form...