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05-07-2013, 02:25 PM #1
i dont know about google, but, Paypal finished their beta test phase in the UK and now are entering the US market. Would be a direct competitor to Kabbage. The pilot will come from "Paypals online spot credit unit- Bill me later" which Ebay bought in 2008. Bill me Later gets funding from.....WEB BANK- a utah chartered bank.
Paypals partner lender in UK is called United Kapital.
Paypal already has experience in providing payment services to thousands of ebay based merchants.
ODC/NLBL are also chasing this vertical to.