Kashable Secures $60 Million for Financial Wellness

FinTech firm Kashable has successfully raised $60 million in a Series C funding round, primarily led by Goldman Sachs Alternatives' Sustainable Investing arm, which contributed up to $50 million. This new capital will fuel the expansion of Kashable's financial wellness platform, which focuses on providing employer-facilitated loans. The company aims to offer more competitive interest rates compared to traditional banking institutions, thereby improving financial accessibility and well-being for employees. This significant investment underscores growing confidence in FinTech solutions designed to enhance personal finance management and employee benefits.