Kashable Secures $60M Series C Funding Led by Goldman Sachs
Big Bet on Workplace Lending
New York-based fintech startup Kashable has closed a $60 million Series C funding round, with Goldman Sachs Alternatives’ Sustainable Investing unit leading the deal. The Kashable Series C funding brings the company’s total equity and debt raised to more than $450 million since its founding in 2013.
Goldman Sachs Alternatives committed up to $50 million of the total, structured as an initial $25 million with an additional $25 million to follow, subject to undisclosed conditions. Existing investors Revolution and EJF Ventures also joined the round.
Kashable declined to disclose its current valuation but confirmed it has tripled since its January 2024 Series B raise.Kashable operates by partnering directly with employers to offer workers access to low-cost personal loans and financial wellness tools including credit monitoring and financial coaching as voluntary employee benefits.
Because loan repayments are processed through payroll, default rates are lower, allowing the company to offer more competitive interest rates than traditional banks, credit cards, or payday lenders.
The company has funded nearly $2 billion in loans to date and expects to surpass $500 million in loan volume in 2026 alone. Its platform currently reaches over 4 million employees across more than 600 employers, with clients including Amazon, Kraft Heinz, UPS, IKEA, and the State of Illinois.Co-CEO Einat Steklov confirmed to Crunchbase News that Kashable is profitable and has been for several years.
The company has grown more than 40% year over year in 2026.The Kashable Series C funding arrives as global fintech investment continues to climb, with total VC-backed fintech funding reaching $53.8 billion in 2025, a 29% jump from 2024, per Crunchbase data.
