Atlanta, Georgia-based e-commerce lending firm Kabbage Inc landed $50 million in its Series D financing led by SoftBank Capital to provide $500 million worth of loans for small online businesses by the end of 2014.
Guggenheim Partners
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Spain's bank restructuring fund FROB on Monday announced that it had received six binding offers for a majority stake in bailed-out bank NCG Banco. Banks and private equity firms from Spain, Venezuela and US reportedly eye the NCG stake.
A total of USD6 million in capital was provided by Guggenheim Partners for CardCash for growth financing purposes.
Hulu again engages the services of Guggenheim Partners for the possible sale of the online video streaming service site.
Private equity firm Guggenheim Partners is close to buying "Golden Globe" producer Dick Clark Productions after "American Idol" host Ryan Seacrest and his backers withdrew from talks.
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