Kashable, a mission-driven FinTech platform offering employer-sponsored financial wellness services, has closed a $60m Series C funding round.
The round was led by Sustainable Investing at Goldman Sachs Alternatives, which committed up to $50m — comprising an initial $25m investment alongside a further $25m to be deployed in the coming months, subject to conditions. Existing backers Revolution Ventures and EJF Ventures contributed the remaining $10m.
The fresh capital will be directed towards broadening Kashable’s employer network, strengthening relationships with HR, benefits and finance teams at client organisations, and developing its data-driven platform to deliver greater value to both employers and employees.
Kashable operates by partnering with employers to offer staff a range of financial wellness tools delivered as a workplace benefit. These include credit monitoring, financial coaching and access to affordable credit, all integrated with HR and payroll systems. By tying loan repayment directly to payroll, the company reduces credit risk, which in turn allows it to offer lower-cost financing — helping workers manage short-term financial pressures without undermining their longer-term financial stability.
The investment aligns with the Sustainable Investing arm of Goldman Sachs Alternatives, which focuses on backing high-growth businesses that broaden access, affordability and outcomes for underserved populations.
Kashable co-founder and co-CEO Rishi Kumar said, “We’re thrilled to partner with Goldman Sachs Alternatives. 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. Goldman Sachs Alternatives’ leadership in this round reinforces that Kashable’s approach represents a durable, institution-grade model for scaling comprehensive financial access through the workplace.”
Goldman Sachs Alternatives partner and head of inclusive growth Greg Shell said, “We believe access to responsible financial tools is a critical driver of economic mobility. Kashable has built a proven, scalable platform that empowers employers to play a meaningful role in their employees’ financial wellbeing, demonstrating that impact and strong performance can go hand in hand.”
Kashable co-founder and co-CEO Einat Steklov said, “Our nation’s employers recognize that financial stability is foundational to employee wellbeing. By investing in solutions that help close the gap between pay cycles and real life, employers can reduce financial stress, strengthen retention, and support their workforce with dignity and fairness.”
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