Funding Round · Amazon · Goldman Sachs · Crunchbase News
Goldman Sachs Leads $60 million Series C For Personal Loan Fintech Kashable
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Kashable, a fintech that provides access to “socially responsible” credit and financial wellness programs for employees as a voluntary benefit, has secured $60 million in a Series C funding round led by Goldman Sachs Alternatives ’ Sustainable Investing.
Key facts
- Goldman Sachs Alternatives has committed up to $50 million to the round, including an initial $25 million investment and an additional $25 million to be funded in the coming months, subject
- To date, the company has funded nearly $2 billion in loans and expects to surpass $500 million in volume in 2026 alone
- That’s a more than 29% increase from 2024’s total of $41.6 billion raised
- Existing backers Revolution and EJF Ventures also participated in the financing, which brings New York-based Kashable’s total equity and debt raised to more than $450 million since its 2013 inception
Summary
Goldman Sachs Alternatives has committed up to $50 million to the round, including an initial $25 million investment and an additional $25 million to be funded in the coming months, subject to undisclosed conditions. Existing backers Revolution and EJF Ventures also participated in the financing, which brings New York-based Kashable’s total equity and debt raised to more than $450 million since its 2013 inception. The premise behind Kashable is that, since its loans are facilitated through an employer, the service can often offer better rates than a traditional bank might, making it a more appealing alternative to high-interest credit cards or payday loans.