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Goldman Sachs Alternatives leads Kashable's $60 million series C round

April 27, 2026 9:00 AM

Fintech company Kashable raised $60 million in Series C funding led by Sustainable Investing at Goldman Sachs Alternatives, with participation from existing investors Revolution Ventures and EJF Ventures, according to a company statement.



Goldman Sachs Alternatives committed up to $50 million to the round, including an initial $25 million investment and an additional $25 million to be funded in coming months subject to conditions. Revolution Ventures and EJF Ventures contributed an additional $10 million.



Kashable partners with employers to provide employees financial wellness services including credit monitoring, financial coaching, and affordable credit delivered as employee benefits. The platform integrates with HR and payroll systems and aligns loan repayment with payroll to reduce credit risk.



"Employer-sponsored financial wellness, anchored by fair, transparent access to low-cost credit is rapidly becoming a core pillar of the next generation of consumer finance," said Rishi Kumar, co-founder and co-CEO of Kashable.



The New York-based company, founded in 2013, serves over 4 million employees across hundreds of large employers nationwide. The platform provides what the company calls an alternative to high-interest credit cards or retirement plan borrowing for employees facing short-term financial needs.



"We believe access to responsible financial tools is a critical driver of economic mobility," said Greg Shell, Partner and Head of Inclusive Growth at Goldman Sachs Alternatives. "Kashable has built a proven, scalable platform that empowers employers to play a meaningful role in their employees' financial wellbeing."



Kashable plans to use the funding to expand its employer footprint, deepen partnerships with clients' HR and finance teams, and enhance its data-driven platform.



Goldman Sachs (NYSE: GS) Asset Management has over $3.6 trillion in assets under supervision globally as of December 31, 2025, according to the statement.

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