Goldman Sachs Alternatives led a $60 million Series C round for Kashable, a fintech that embeds low‑cost personal loans into employer benefit packages. The bank committed up to $50 million, front‑loading $25 million with a second tranche pending conditions. Existing investors Revolution and EJF Ventures also participated, pushing total capital raised above $450 million since the 2013 launch.

Kashable’s model leverages payroll integration to verify creditworthiness, allowing it to offer rates lower than most credit cards or payday lenders. Co‑CEOs Rishi Kumar and Einat Steklov say the firm has funded nearly $2 billion in loans and expects to originate $500 million in 2026 alone, with profitability claimed for several years. Over 4 million employees at 600+ firms now use the platform.

Employers ranging from Amazon and IKEA to state and university payrolls view Kashable as a tool to improve employee financial health and reduce turnover. Goldman’s investment signals growing appetite among mainstream banks for sustainable‑finance fintechs that can demonstrate low loss rates through payroll‑linked lending. The fresh capital will fund product expansion and deepen the company’s reach across the United States.

With venture funding for fintechs up 29% year‑over‑year to $53.8 billion in 2025, Kashable’s raise underscores investors’ belief that employer‑backed credit can scale profitably while avoiding predatory debt cycles. The round positions the company to compete more aggressively with traditional banks and emerging buy‑now‑pay‑later platforms.