Kabbage

Rep. Emanuel Cleaver, D-Mo., released a survey of lending practices that he said point to practices such as forced arbitration clauses and extracting a customer’s credit score to determine creditworthiness.

Using Orchard’s data science smarts, Kabbage intends to offer new payment products to small businesses and loan portfolio insights to financial institution partners.

As upstart companies mature, they face pressure to develop deeper relationships with their customers. That is leading some to offer to a wider range of products, including deposit accounts.

The online lender is taking a stand against businesses that sell assault weapons or that sell any type of firearms to people under 21.

The online lender to small businesses is expanding its business deeper into traditional banks’ territory with larger loans.