OPSI COVID-19 Innovative Response Tracker

Kabbage have created a site to allow customers to buy future services from small businesses

Innovative response

Small business lender Kabbage launched a platform that allows consumers to buy gift certificates to support local small businesses during the coronavirus crisis.

The gift certificates, which range in value from $15 to $500, can be redeemed at any time; small businesses receive the revenue within one business day of purchase.

Specific issues addressed and anticipated impact

Many businesses are closing, and others are seeing reduced demand. The site is a means for the millions of small businesses that employ more than half of all employees in America to continue making sales and to feel your commitment to their long-term success.

Organisations/institutions involved

Kabbage, Finix, Lendio and Fundera

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Issues being addressed:

  • Crowdsourcing solutions
  • Social effects of the crisis