Exclusive: Goldman Sachs Leads $60M Series C For Personal Loan Fintech Kashable
TLDR
- Kashable raised a $60M Series C led by Goldman Sachs to expand employer-sponsored low-cost loans and financial wellness benefits.
Key Facts
- Goldman Sachs Alternatives committed up to $50M, with $25M upfront and $25M to follow subject to undisclosed conditions.
- Existing investors Revolution and EJF Ventures also participated; total equity and debt raised now exceeds $450M since 2013.
- Kashable is profitable, has funded nearly $2B in loans, and expects to surpass $500M in loan volume in 2026.
- The platform reaches over 4 million employees across 600+ employers, including Amazon, UPS, IKEA, and the State of Illinois.
Why It Matters
- Loans repaid via payroll reduce default risk, letting Kashable offer lower rates than credit cards or payday lenders.
- A tripled valuation since its January 2024 Series B reflects the company’s reported 40%+ year-over-year growth in 2026.
Mary Ann Azevedo, Crunchbase News · 2026-04-27 · Read the original