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Apr 27, 2026 12:01 PM

Goldman Sachs Alternatives Announces Strategic Investment in Kashable, Leading the Company's Series C Equity Round

NEW YORK, April 27, 2026 (GLOBE NEWSWIRE) -- Kashable, a mission-driven fintech platform redefining credit for working Americans, today announced a $60 million Series C funding round, led by Sustainable Investing at Goldman Sachs Alternatives, with participation from existing investors Revolution Ventures and EJF Ventures. Goldman Sachs Alternatives' participation as the lead investor is a powerful validation of Kashable's mission to solve the affordability crisis in America.

Goldman Sachs Alternatives is leading the Series C financing with a commitment of up to $50 million, including an initial $25 million investment and an additional $25 million to be funded in the coming months, subject to conditions, with participation from existing investors Revolution Ventures and EJF Ventures for additional $10 million.

Kashable partners with employers to provide employees with a suite of financial wellness services, including credit monitoring, financial coaching, and affordable credit, delivered as an employee benefit with deep integrations with HR and payroll systems. By aligning loan repayment with payroll, Kashable reduces credit risk, enabling it to offer employees lower-cost financing, helping employees address short-term financial needs without compromising long-term financial health and stability.

"We're thrilled to partner with Goldman Sachs Alternatives," said Rishi Kumar, co-founder and co-CEO of Kashable. "Employer-sponsored financial wellness, anchored by fair, transparent access to low-cost credit is rapidly becoming ...