Kabbage, the leading financial services data and technology platform, announced that it has launched a powerful new iOS app for iPhone and iPad that allows businesses to complete the entire application process in a few simple steps. The app features drivers’ license recognition, instant mobile check verification, and Apple’s Touch ID fingerprint authentication to deliver the best-in-class user experience and reduce the friction usually required to access business capital.

“80,000 small businesses today – from retailers to construction businesses to professional service firms – already rely on Kabbage for the flexibility and security of a line of credit they can access any time they need it,” said Ahrey Smith, Head of Product at Kabbage. “Today’s news extends this functionality to mobile devices, and demonstrates our commitment to delivering exceptional products and services that fundamentally transform the borrowing experience for our customers.”

Kabbage customer Robert Meiers, owner of Miller Meiers, Inc., a marketing communications and digital agency, benefited early on from using Kabbage’s mobile application for his business: "I was looking for a simple method to secure a credit line for my business and found it with Kabbage. The mobile application delivered an easy, fast and pleasant experience. I would recommend Kabbage to any business owner looking for a modern method to establish a secure line of credit.”

The company now drives $7 million per month in originations from mobile devices and nearly 64,000 monthly user interactions on the app.